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Stay Ahead: FinCEN BOI Filing for Flagstaff, AZ Due by 01/01/2025
The Corporate Transparency Act may require U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. As of today, 12/05/2024, Flagstaff, AZ business owners have 26 calendar days(or 19 business days) left to file their Beneficial Ownership Information (BOI) report with FinCEN. 1. Determine if Your Business Must File. A ‘reporting company’ is any small business, corporation, or LLC that is registered with the state, unless exempt. Exemptions apply to publicly
Start a Small Business to Benefit the Greater Flagstaff Community
Small businesses are the backbone of the American economy. In fact, according to the US Small Business Administration, small businesses have created millions of jobs in the United States over the past few decades — even more than what big businesses created in that time span. Not only do small businesses provide much-needed goods and services to local communities, but they also drive economic growth. If you're thinking about starting a small business in the Greater Flagstaff community, here are a few tips