US-Based Nonprofits – The end of the year is coming up fast! Make sure your books are tightened up and the beginning of 2025 will be a breeze. The end of the year is a crucial time for non-profit organizations in the US. Proper financial management, compliance reviews, and donor engagement can set the stage for continued success. This 10-step …
Business Owners – The year 2024 is about come to a close, and a new year is right around the corner. Make sure you are ready. As the year draws to a close, small business owners in the USA face critical tasks to ensure financial stability and regulatory compliance. Proper bookkeeping, accounting, and business filings can make the transition into …
The clock is ticking! The end-of-year deadline for Beneficial Ownership Information (BOI) reporting is fast approaching, and your clients may be counting on you for guidance. With the end-of-year deadline fast approaching, American Certified Public Accountants (CPAs) have an invaluable duty to assist their clients in filing Beneficial Ownership Information (BOI) reports. This new reporting requirement, mandated by the Corporate …
Yes, FinCEN regulations impact your business every single day. Read on to learn how to stay compliant and avoid big penalties. The Role and Mission of FinCEN Mission Statement FinCEN‘s mission is to safeguard the financial system from illicit use, combat money laundering, and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use …
You and your team have a great idea for a new Texas-based business, and you’re ready to take it to market. Use this quick guide to make sure you’ve covered all your bases to form a partnership. To file a partnership in the state of Texas, you will need to follow these general steps: Choose a Business Name …
Yes, it’s true. If you own a business or entity in the United States, you very likely will need to file a BOI Report with the US Government – and the deadline is coming up fast. In today’s complex business landscape, regulatory compliance is more critical than ever. One of the most significant requirements for US business owners is the …
We know you’ve been putting off filing Beneficial Owner Reports for your clients – but the end of the year is coming faster than you think. As a Certified Public Accountant (CPA), you play a crucial role in managing and maintaining the financial health and compliance of your clients’ entities. One of the key responsibilities in this domain is ensuring …
You’ve got the mission. You’ve got the heart. You’ve got the big idea for how you can help others in Texas. Here’s how you can get started. Registering a Nonprofit in the State of Texas Define Your Mission and Purpose: Clearly articulate the mission and purpose of your nonprofit organization. This statement should outline the social or charitable …
You’ve got the big idea, but do you need an LLC? Here’s a quick glance at the pros and cons of registering your entity as an LLC in the US. The specific requirements and fees for forming a Limited Liability Company (LLC) vary by state, but generally, you will need to file articles of organization with the Secretary of …
So, you’ve got a great idea for a start-up? Here’s why shareholder agreements can be pivotal to your success. What is a Shareholders’ Agreement? A shareholders’ agreement, also referred to as a stockholders’ agreement, is a private legal document outlining how the company should be operated as well as the rights and responsibilities of the shareholders. Shareholder’s agreements …