Strategic Moves Financial Solutions

Alright now! We're in month 7!!! Them W-4s need to be updated and you need to stop going exempt! 😘

The tan is tanning 🥰🥰

🗣🗣If you own an LLC:

There's a new federal requirement to register ownership of your company in 2024.

More commonly known as Beneficial Ownership Information (BOI) report. You will need to provide this information through the Financial Crimes Enforcement Network (FinCen)

🚫Failure to register can result in fines of $500/day up to $10K.🚫

Here's the quick facts regarding this federal requirement:

Any LLC created prior to 01/01/2024 will have until January 1st, 2025 to file its report.

🧡 LLC's created from 2024 and later need to file BOI within 90 days of creating and registering the LLC.

🧡 BOI reporting is meant to curb fraud/money laundering, illegal activities under the guise of business.

🧡 There are 23 exemptions to the reporting requirement.

Want to know if you're exempt? Check fincen's website.

https://www.fincen.gov/boi

We're getting down to crunch time! Get your documents together NOW!

Virtual services are offered and can have you updated in no time if you fill out the intake form and get started🥰

https://portal.smfinancialsolutions.com/intake

This is automatic over here at Strategic Moves Financial Solutions. We take pride in our personal and business integrity!

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Yall still out here stealing social security numbers?

I'm just going to sit this here as a warning. You know, just you cant say that you didn’t know. It is illegal to use a CPN. Many CPNs are stolen social security numbers, including thoae of children! Misrepresenting your Social Security number on loan or credit applications is considered fraud and a federal crime. Using one can also implicate you in identity theft. Yall be safe out there. TIKTOK is going to lead yall straight to jail smh

Don't let this be you! Let's start our relationship now! Let me be your tax expert. 😍