Beginning January 1, 2024, many businesses are required to comply with the Corporate Transparency Act (CTA). It is anticipated that 32.6 million businesses will be required to comply with this reporting requirement. Click above to read the full article and learn more about the new requirements.
The SBA has continued to provide updated guidance based on new legislation and to address many of the questions and concerns Borrowers have as they move closer to applying for loan forgiveness. Click to learn more.
Recently, the Secretary of Revenue announced an automatic waiver of penalties associated with the failure to file Form NC-3 and the required W-2 and 1099 statements electronically for tax year 2019.
