Austin, TX Businesses: Here’s what to know now about the CTA, BOI and FinCEN
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
Tackling the Boring Administrative Tasks First Will Set Your New Business Up for Success
As an aspiring small business owner, you're about to embark on an exciting journey full of challenges, rewards, and (if we're being honest) a fair share of tedium. Yep, that's right – even starting your own business has its less-than-glamorous moments. But don't worry, because the Lake Travis Chamber of Commerce is here to help you power through the boring bits so you can get down to the fun stuff!Secure Funding First If you're like most entrepreneurs, the thought of finding funding for your business is
