Hello All! Just a few topics this month, but the first is especially important.
BOI - Beneficial Ownership Information Filing
There is a newly required filing for many companies that you need to be aware of, if you aren't already.
You may have received information or solicitations from service providers (and possibly some scams) regarding "BOI" - Beneficial Ownership Information. This is a new filing required by the US Treasury Financial Crimes Enforcement Network that is due this year from many businesses.
I highly recommend that before you file, and especially before you pay anyone to file for you, you go to the official government website fincen.gov/boi and read the information provided there.
You should be able to determine whether or not your business is required to file, and what information is needed for filing. If you have any questions or doubts after reading the information provided, you should contact your accountant or attorney.
Since this is very new and unfamiliar territory, I won't be offering to do these filings, but there do appear to be reputable companies offering the service, such as Tax1099.com.
Please let me know if you need any information that I am able to provide for this, or if you have any questions that I may be able to answer.
QBO Backup Service Poll Question
I believe you know that I am big on backups, and backups of backups, etc. The one thing I don't have 'Backed Up' are the QBO data files, because I feel that Intuit 'has our back' there.
Lately however, I've come to believe that it may just be a good idea to get a backup service in place for those as well -- because "you just never know".
So, my question is -- would you be interested in such a service for a small monthly fee? I believe I could offer it around $10/mo per QBO file.
Please comment on this post - Yay or Nay - so I can get an idea of whether or not it will be feasible. The per/file rates change according to how many there are, so it's important for me to get a good idea of interest.
That is all for now -- Thank You for reading and participating!
BOI - Beneficial Ownership Information Filing
There is a newly required filing for many companies that you need to be aware of, if you aren't already.
You may have received information or solicitations from service providers (and possibly some scams) regarding "BOI" - Beneficial Ownership Information. This is a new filing required by the US Treasury Financial Crimes Enforcement Network that is due this year from many businesses.
I highly recommend that before you file, and especially before you pay anyone to file for you, you go to the official government website fincen.gov/boi and read the information provided there.
You should be able to determine whether or not your business is required to file, and what information is needed for filing. If you have any questions or doubts after reading the information provided, you should contact your accountant or attorney.
Since this is very new and unfamiliar territory, I won't be offering to do these filings, but there do appear to be reputable companies offering the service, such as Tax1099.com.
Please let me know if you need any information that I am able to provide for this, or if you have any questions that I may be able to answer.
QBO Backup Service Poll Question
I believe you know that I am big on backups, and backups of backups, etc. The one thing I don't have 'Backed Up' are the QBO data files, because I feel that Intuit 'has our back' there.
Lately however, I've come to believe that it may just be a good idea to get a backup service in place for those as well -- because "you just never know".
So, my question is -- would you be interested in such a service for a small monthly fee? I believe I could offer it around $10/mo per QBO file.
Please comment on this post - Yay or Nay - so I can get an idea of whether or not it will be feasible. The per/file rates change according to how many there are, so it's important for me to get a good idea of interest.
That is all for now -- Thank You for reading and participating!
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