News
FinCEN Requires Batavia, IL Businesses to File BOI Reports by 01/01/2025: Avoid $500 Daily Penalties
The Corporate Transparency Act (CTA) requires businesses in Batavia, IL, to file Beneficial Ownership Information (BOI) reports with FinCEN by January 1, 2025, to improve transparency and deter financial misconduct. As of today, 11-26-2024, Batavia business owners have 36 calendar days (or 27 business days) left to submit their BOI reports to FinCEN—act promptly to avoid fines of $500 per day. Action Steps for Compliance1. Confirm If Your Business Must File Deadline: ASAP"Reporting companies"
Empower Your LLC with the Right Business Banking Choices
Starting an LLC is a defining step that carries a lot of energy and promise. A crucial decision early on is opening a business bank account tailored to your needs. This decision extends beyond separating personal and business funds—it can unlock several opportunities that drive your LLC forward. Access to modern banking tools and services plays a vital role in navigating the complexities of managing business finances. Thoughtful banking choices provide the foundation for long-term growth and financial
