Final Ruling on Beneficial Ownership Information Reporting – What You Need to Know

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At a glance The main takeaway: The Financial Crimes Enforcement Network (FinCEN) issued a final ruling that will require certain domestic and foreign entities to provide reports identifying beneficial ownership information and company applicants. Impact on your business: This rule is intended to protect the US financial system from money laundering and other types of…

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Maximizing the Employee Retention Credit – Determining Qualified Wages

If you aren’t familiar with the Employee Retention Credit (“ERC”), then you’ve come to the right place. We’re breaking this credit down step-by-step through a series of articles, so if you need some background, check out our previous two installments to get an overview of the credit and understand employer eligibility. Some quick basics before…

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