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​FinCen Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines

In a recent announcement, the Financial Crimes Enforcement Network (FinCEN) declared that it will not impose fines or penalties on companies failing to file or update Beneficial Ownership Information (BOI) reports by the current deadlines set under the Corporate Transparency Act (CTA). This decision aims to alleviate regulatory burdens on businesses while ensuring that entities posing significant law enforcement and national security risks are prioritized. ​ 

Tax-wise ways to save for college

Tax-wise ways to save for college

If you’re a parent or grandparent with college-bound children, you may want to save to fund future education costs. Here are several approaches to...

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