Smithfield, NC Businesses: News Regarding the CTA, BOI and FinCEN
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines
Year of the COVID-Preneur: ZenBusiness Helps 100k Businesses Form During Pandemic
Company releases new data on women entrepreneurs, top states for new business formations, customer trends, and more for the past year Austin, TX - ZenBusiness, a one-stop-shop to form, run and grow a business, today announced that more than 100,000 micro businesses have been formed using the platform since the onset of the pandemic - allowing these individuals to transition to full time entrepreneurship and follow their dreams. Business formations were on the rise before the pandemic, but over the
