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BOI Reporting Requirements: A Timeline of Recent Changes
Stay current with the latest changes to FinCEN's Beneficial Ownership Information (BOI) reporting requirements. Our regularly updated timeline tracks key developments including the December 26 hold on requirements, the December 23 reinstatement, and the December 3 nationwide injunction. Learn about adjusted deadlines, compliance considerations, and potential penalties for businesses. Whether you're managing a pre-2024 entity or a newly formed company, this comprehensive guide helps you navigate the evolving BOI landscape and maintain compliance with the Corporate Transparency Act.
Bench Accounting's Sudden Closure: Impact and Implications for Small Businesses
Bench Accounting, North America's largest bookkeeping service for small businesses, abruptly shut down on December 27, 2024, affecting 12,000+ customers. Learn about immediate steps for affected businesses, data access deadlines, and alternative solutions. Essential guidance for small business owners impacted by this sudden closure, including critical timelines, tax implications, and transition strategies.
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