The Corporate Transparency Act (CTA) mandates Bronx businesses to disclose Beneficial Ownership Information (BOI) to FinCEN, a federal initiative to combat financial crimes such as tax evasion and money laundering. As of today, 11-26-2024, Bronx business owners have 36 calendar days (or 27 business days) left to file their BOI reports with FinCEN—don't delay, as fines of $500 per day may apply for non-compliance. Action Plan for Bronx Businesses1. Confirm Your Filing Requirement Deadline:
In the world of business, where opportunities abound and competition is fierce, the key to long-term success often lies in the details. For LLC owners, one such crucial detail that can make or break your business’s standing is the timely and accurate filing of your annual report. This seemingly mundane task holds significant power, as it stands between your thriving enterprise and costly penalties or even dissolution. But fear not—this guide is your ally in demystifying the process and illuminating the
The Roasting Room by Buunni: A New Haven for Coffee Professionals and Enthusiasts In the South Bronx Opens September 12th New York City, September 10, 2024: Buunni Coffee is proud to announce the grand opening and ribbon cutting of their newest venture, The Roasting Room by Buunni, which will take place on September 12 at 11:00 AM at 542 Barretto Street, Bronx, NY 10474. The Roasting Room by Buunni promises to be a vibrant addition to the Hunts Point area, bringing the first local coffee roasting,
U.S. Department of Labor Funding Will Support Two-Year Climate Justice Fellowships for Priority Populations Supports State’s Climate Act Goal To Ensure Clean Energy Investments Are Directed to Disadvantaged Communities Governor Kathy Hochul and Representative Alexandria Ocasio-Cortez today announced $3 million in U.S. Department of Labor funding is now available through a new pilot program, the Climate Justice Fellowship Plus Program (CJF Plus), in the Bronx and Queens. The federally funded CJF Plus
The funding helps expand the Open + Online Initiative which has helped over 700 small businesses throughout New York City improve their digital presence and better compete in an increasingly digital marketplace.Grant will target minority and women-owned enterprises across the five boroughs NEW YORK, NY (February 9, 2024) – Today, the NYC Small Business Resource Network (SBRN) announced that Wells Fargo has provided funding that will help 500 small businesses across New York City get online and grow their
Yonkers Raceway founded in 1899 as Empire City Racetrack Present Day Yonkers Raceway at Empire City Casino by MGM Resorts Photo Credit: Empire City Casino by MGM Resorts The world-renowned horse racing track has been the site of many iconic moments in its 125 year history. The historic venue has been upgraded and refurbished through investments made by MGM Resorts and harness racing fans have enjoyed the return of the International Trot after a two-year COVID-related
Running a small business is no easy task. From product research to marketing, there are many expenses that come with starting and maintaining a business. To ensure that you're prepared for any financial surprises, it’s important to create a financial safety net by utilizing free resources and learning how to save money on everyday expenses. The Bronx Chamber of Commerce is ready to help you get started with this list of tips:Utilize Free Online Tools When running a small business, it’s important to make