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Reporting Requirements under the Corporate Transparency Act may Effect More Entities than Anticipated
Category: Banking & Finance, Business
Congress recently passed the Corporate Transparency Act (CTA) requiring private companies to disclose their beneficial owners to the United States Department of the Treasury‚Äôs Financial Crime Enforcement Network (FinCEN). The CTA is designed to ban the anonymous shell companies criminals may use to…
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Non-Profit Hospital Real Property Potentially Exempt from County Property Taxes
Category: Business, Health Care, Tax
Double-check the Tax Man by Double-checking your Parcel Usage Understandably, most hospital accounts payable departments are good at paying bills that come in the mail. However, when it comes to paying any bills that come in from the county tax collector, Arkansas non-profit hospital accounts…
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The Benefit of Achieving Tier III Classification for Marijuana and Cannabis Related Businesses
Category: Banking & Finance, Business
In 2020 the legal segment of the marijuana industry exceeded $10 billion dollars in the United States with California alone generating $3.1 billion in sales in 2019, and Colorado in a close second at $1.6 billion. With the solidified foothold the industry has gained in the marketplace and the sheer…
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