FinCEN's BOI Reporting Deadline: 01/01/2025 - High Point, North Carolina Businesses Must Act Now!
The Corporate Transparency Act (CTA) requires High Point businesses to report Beneficial Ownership Information (BOI) to FinCEN by January 1, 2025, as part of efforts to combat financial crimes and improve corporate transparency. As of today, November 27, 2024, High Point business owners have 35 calendar days (or 25 business days) left to file their BOI reports with FinCEN—delays could result in fines of $500 per day! Critical Steps for Compliance1. Determine If Your Business Must File Deadline:
Master the Legal Secrets Every Home-Based Entrepreneur Needs
In today’s fast-paced world, the allure of transforming a home into a thriving business hub is stronger than ever. However, the journey from a fledgling idea to a successful home-based enterprise is paved with legal intricacies. Imagine the freedom and flexibility of running your business from the comfort of your own home, only to find it fraught with hurdles if local laws are overlooked. This guide is your roadmap, unveiling the legal steps crucial to avoid stumbling blocks that could hinder your
