Advantages of Outsourcing Bookkeeping

Advantages of Outsourcing Bookkeeping

Are you an entrepreneur who is attempting to keep up with your bookkeeping while trying to do everything else required to operate your company? Do you work long hours hoping to get everything accomplished and you know there is a better way?Outsourcing bookkeeping...
Why Tax Day Doesn’t Need to Be Stressful

Why Tax Day Doesn’t Need to Be Stressful

Since we are past the original filing due date of March 15 for certain entities and April 15 for individuals and C Corporations, you have either filed your return or requested an extension. With the filing deadline for extensions fast approaching, I wanted to share...
Trustees as Beneficial Owners

Trustees as Beneficial Owners

Are you a trustee required to report on Beneficial Ownership under the Corporate Transparency Act? There has been some confusion with some thinking only those with at least 25% ownership must be listed when filing the BOI report. However, the BOI requirement is not...
Beneficial Ownership Minor Child Exception

Beneficial Ownership Minor Child Exception

Do you have minor children who are owners of an entity? Did you know that if they have at least 25% equity in a corporation that they are considered a beneficial owner? Do you want to know how you can avoid submitting their information to Fincen?The Corporate...
How to Identify Beneficial Owners

How to Identify Beneficial Owners

Are you an owner of a business? Do you know you may have to report information to FinCen regarding who has control or ownership of your company? It’s important to note that entities, whether recently formed or having been in business for decades are subject to...

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