
Archive for November 2024
Navigating the 2025 SECURE 2.0 Act: Key Updates Every Business Owner Needs to Know
The Secure 2.0 Act of 2022 expands on the original SECURE Act of 2019, introducing 92 new provisions to enhance retirement savings opportunities, boost business incentives, and offer greater flexibility for savers. Stay ahead by understanding the latest updates to the Secure (Setting Every Community Up for Retirement) Act 2.0 implemented in December 2022. These…
Read MoreUnderstanding the Beneficial Ownership Information Reporting Rule: FAQ’s For Business Owners
What does Beneficial Ownership Information Reporting mean to my business? As part of efforts to curb money laundering, increase transparency of business ownership, and reduce other financial crimes, FinCEN has issued a new rule requiring businesses to report the personal identifiable information of their owners. This is known as beneficial ownership reporting. To comply with…
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