Changes Surrounding the CTA, BOI and FinCEN: Guidance for Moneta, VA SBOs
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
Mastering the Moment: Knowing When and How to Let a Worker Go
In the dynamic world of business, managing a team is akin to navigating a ship through turbulent waters. The blend of rewarding milestones and challenging decisions defines the journey. Among these challenges, one of the most daunting is knowing when it’s time to let go of an employee or contractor. This decision is never easy, but it’s crucial for sustaining a productive and positive work environment. In this guide, we’ll delve into the key indicators and processes that can help you confidently navigate
FRANKLIN COUNTY RECOGNIZED AS A NATIONAL TOP TEN LEADER OF TECHNOLOGY
Rocky Mount, Virginia --- Franklin County officials announced today that the County has placed fourth in the nation in the Annual Digital Counties Survey for communities with a population less than 150,000. Franklin County, at a population of roughly 55,000, competes with counties across America that are up to three times its size for this honor. This is the thirteenth year the County has placed in the nation's top ten annual ranking which recognizes counties that are leading the way in using information
