FinCEN Requires Homer, Georgia Businesses to Submit BOI Reports by 01/01/2025—Avoid $500 Per Day Fines!
The Corporate Transparency Act (CTA) mandates that businesses across the United States, including Homer, Georgia, submit Beneficial Ownership Information (BOI) to FinCEN by January 1, 2025, to combat financial crimes and enhance transparency in business ownership. As of today, November 27, 2024, Homer business owners have 35 calendar days (or 25 business days) to file their BOI reports—delaying could result in steep fines of $500 per day! Essential Steps to File Your BOI Report1. Determine If You
A Look at Small Business Impact on Community Health and Wellness
Studies have shown that small businesses can have a positive impact on a community's health and wellness. By bringing in job opportunities, lowering the unemployment rate, generating tax revenue, and spurring innovation, small businesses help create vibrant communities that support local charities, keep money circulating in the local economy, and ultimately support the economy as a whole. Read on to learn more about how small businesses can improve community health and wellness. Decrease Unemployment
Navigating the Hazards: A Guide for New Business Owners
Starting a new business is an exhilarating journey, brimming with endless possibilities. However, it's crucial to navigate this path with care, steering clear of common missteps that can impede your progress. In this comprehensive guide, we delve into these potential pitfalls and provide invaluable insights on how to avoid them. From building the right team to championing exceptional customer service, we'll explore key areas that every new business owner should consider to ensure a successful
