FinCEN's BOI Filing Deadline: 01/01/2025 - Portsmouth, NH Businesses Should File Now to Avoid Fines
The Corporate Transparency Act (CTA) requires businesses to report Beneficial Ownership Information (BOI) to FinCEN to increase transparency and prevent illicit financial activities. As of Nov. 27, 2024, Portsmouth, New Hampshire, business owners have 35 calendar days (or 25 business days) left to file their BOI report with FinCEN—don’t delay, or you could face fines of $500 per day. What You Need to Do:1. Determine if Your Business Must File. Most LLCs, corporations, and small businesses are
Planning for Growth: Crucial Steps for Small Business Expansion
Choosing to expand your business is a pivotal moment that holds the promise of new opportunities and growth. However, this exciting venture also demands meticulous planning and strategic foresight. Every step you take can significantly impact the success of your expansion efforts. In this article, we’ll explore the crucial factors that will help you pave a smooth path toward successful business growth. Let’s delve into the essential considerations that will empower you to expand with confidence and
