News

Results Found: 1
Button group with nested dropdown
New Hyde Park, NY Businesses: Updates...
Wednesday, December 11, 2024
New Hyde Park, NY Businesses: Updates 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

ZenBusiness
Business Directory News Releases Events Calendar Hot Deals Member To Member Deals Marketspace Job Postings Contact Us Information & Brochures Join The Chamber
GrowthZone - Membership Management Software