SPECIAL WEBINAR - BENEFICIAL OWNERSHIP OPEN TO ALL, this webinar is being supported by Virginia Motorcoach Association, Minnesota Charter Bus Operators Association and California Bus Association Join us Thursday, June 27th for a special call with Tracy Fickett, Founder of BusBooks. Registration is required, but the session is free: https://bit.ly/4bWM42t Beneficial Ownership Information Reporting became effective January 1, 2024. It is the process of collecting and disclosing information about the individuals who ultimately own, control, or benefit from a company or other legal entity. This reporting is designed to increase transparency and combat illicit activities such as money laundering, terrorist financing, tax evasion, and corruption. But what does that mean for companies operating in the United States? Most companies meet the basic qualifications for being a reporting company. However, there are exemptions which may allow your company not to report the information. If your company is not exempt from reporting requirements, owners and other persons information will need to be reported. When the reporting is due depends on when the company was formed and if there have been changes to company ownership or persons with substantial control. In this webinar, we will review: • Which companies need to report information • Whose information has to be reported • When information needs to be reported • How information needs to be reported Don't miss this opportunity to receive an overview of who needs to report, how to report, and when reporting is due. Sign up to attend at: https://bit.ly/4bWM42t #Webinar #BeneficialOwnership #BusIndustry #MotorcoachAssociation #BusOperators #BusBooks #Compliance #TracyFickett #Transparency #BusinessCompliance #FreeWebinar #VirginiaMotorcoach #MinnesotaCharterBus #CaliforniaBusAssociation #IndustryUpdate #RegisterNow #StayInformed #BusIndustryNews #CompanyOwnership #RegulatoryCompliance #BusinessReporting #FightCorruption #AntiMoneyLaundering #TaxEvasion #FreeEvent #SaveTheDate #BusinessEducation
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Are you looking at ways to uncover real hard-dollar savings and control company expenses? Managing and calculating the meals and entertainment FBT Liability is at the top of the list—but it can be challenging. Download this white paper to understand how technology can help optimise the FBT meal and entertianment calculation processes and start delivering real savings back to your business.
FBT: Uncover Savings from Meal and Entertainment Expenses
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Are you looking at ways to uncover real hard-dollar savings and control company expenses? Managing and calculating the meals and entertainment FBT Liability is at the top of the list—but it can be challenging. Download this white paper to understand how technology can help optimise the FBT meal and entertianment calculation processes and start delivering real savings back to your business.
FBT: Uncover Savings from Meal and Entertainment Expenses
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📢 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫: 𝐃𝐨𝐧'𝐭 𝐌𝐢𝐬𝐬 𝐭𝐡𝐞 𝐁𝐎𝐈 𝐅𝐢𝐥𝐢𝐧𝐠 𝐃𝐞𝐚𝐝𝐥𝐢𝐧𝐞! 📢 Hey, business owners! 🚨 Just a friendly reminder to file your Beneficial Ownership Information (BOI) if you haven’t already. This is essential to keep your business in good standing and avoid potential fines. (𝘛𝘩𝘦𝘺 𝘢𝘳𝘦 𝘩𝘦𝘧𝘵𝘺) 📝 𝗪𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬: Filing your BOI is not just about compliance; it’s about transparency and protecting your business’s credibility. 💡 𝐐𝐮𝐢𝐜𝐤 𝐓𝐢𝐩: If you’re a large company, you might be exempt! Not sure if this applies to you? Reach out, and I’ll help clarify the six criteria for exemptions. 🗓️ 𝐃𝐞𝐚𝐝𝐥𝐢𝐧𝐞 𝐀𝐥𝐞𝐫𝐭: Don’t wait until the last minute! The earlier you file, the better. 🔗 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐭𝐚𝐜𝐤𝐥𝐞 𝐢𝐭? DM me if you need help, or simply save this post as a reminder! Remember to file before 12/31/2024!!! #boi #growthmindset #FinancialLiteracyCampaign #FinancialLiteracyMonth #moneyminded #TaxSavings #taxtipsforentrepreneurs #BossLife #FinancialFun #EntrepreneurLife #FinancialClarity
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When you work with The Compliance Guys, you can start living your best life too! We make your life easier, keep you on the right side of the tracks and give you some essential peace of mind that helps you get on with driving your business forwards. Find out more: ☎️ 01792 926040 💻 Link in bio 📧 [email protected] 📱 Message this page #caringnotscaring #liveyourbestlife #TCG
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Here’s a contentious thought for a Monday, how many transport businesses have been destroyed by accountants? Its ever so easy for them to do it, they just advise the company to change from a sole trader to partnership or limited company, often for perfectly justifiable reasons. What they don’t know is that the operator licence is held in the name of an entity, so changing the business for example, from a sole trader to a partnership means the operator licence is now invalid. If you don’t make arrangements to get a licence in the name of the new entity then you can no longer operate your vehicles. If you didn’t do it when you changed the company entity then the next thing you will get is a letter telling you to park up your vehicles until you new application is approved. Could you survive parking up your vehicles, with all the costs and no revenue, will your customers still be there when you get your new licence? By all means listen to your accountant, but remember you have an operator licence.
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Navigating Uncertainty in the Transport Industry: The Case for Trusts for Truck Owners and Carriers. In today’s unpredictable transport industry, truck owners and carriers face challenges from fluctuating fuel prices to changing regulations and global trade shifts. This instability can make planning tough and impact financial health. Setting up a trust offers a strategic solution for financial stability and asset protection. 🛡️ Trusts can safeguard against lawsuits, provide tax benefits, assist in succession planning, and ensure financial planning during ups and downs. 🔄 To leverage trusts effectively, it’s essential to consult with legal and financial experts, tailor the trust to meet specific business needs, and time the setup appropriately. While establishing a trust requires initial effort and resources, the protection and advantages it offers make it a wise strategy for anyone in the transport sector looking to secure their financial future amid industry volatility. 🚚💼 🚀 #TransportIndustry #FinancialStability #AssetProtection #TruckOwners #Carriers #SuccessionPlanning #TaxPlanning #BusinessLegacy #TruckLife #SecureYourFuture #ladiesintrucking
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KSM Transport Advisors will provide a presentation at this conference covering how freight network density can enhance trucking company profitability. Learn more here.
2024 ATA National Accounting & Finance Council Annual Conference & Exhibition
ksmcpa.com
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KSM Transport Advisors will provide a presentation at this conference covering how freight network density can enhance trucking company profitability. Learn more here.
2024 ATA National Accounting & Finance Council Annual Conference & Exhibition
ksmcpa.com
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KSM Transport Advisors will provide a presentation at this conference covering how freight network density can enhance trucking company profitability. Learn more here.
2024 ATA National Accounting & Finance Council Annual Conference & Exhibition
ksmcpa.com
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Did you become an accountant to be stuck on a compliance treadmill or to help your clients live a better life? ChangeGPS is hosting a series of workshops to show how you can use great technology to get bigger fees, better-educated clients, and a better lifestyle for you and your clients. In this session, they'll discuss trust deed advice and helping your clients comply with all legal requirements 👉https://ow.ly/S29t50TBSYH #WeAreAccess #FreedomToDoMore #Accountingandaccountants #ChangeGPS #BusinessGrowth #AccountingTech #TechForSuccess
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