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
Are you a senior citizen looking to start a home-based business in Chicago? If so, you're in luck! Starting a home-based business is a great option for seniors for a variety of reasons. In this article, we'll give you an overview of everything you need to do to get your home-based business up and running in the Windy City.Why Home-Based Businesses are a Winning Option for Seniors There are a number of reasons why starting a home-based business is a good option for seniors. First and foremost, it allows