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Kevin McKernan Kevin McKernan

Now That Summertime is in Full Swing It's Vacation time

Vacation planning can be stressful for business owners, but smart delegation makes time away easier. Use this pre-vacation checklist to manage client communication, automate inquiries, delegate team responsibilities, prepare for emergencies, and create a return-to-work plan. With the right systems in place, you can enjoy your vacation while keeping your business running smoothly.

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Kevin McKernan Kevin McKernan

Massive New Federal Reporting Requirements Will Start in 2024

Starting in 2024, new federal reporting requirements will be implemented for individuals who own 25% or more of a small entity, run a small business, or have substantial control over any company. These individuals will need to register in a federal database, which will require personal information, such as name, date of birth, residential address, ID number, and a photograph of the document. Existing companies as of January 1, 2024, will need to register by the end of that year, and new companies will need to register within 30 days of creation.

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