Music Studio Startup: Helping music teachers thrive as entrepreneurs20 Marras 2024

156 - Invitation to Dec. 10 Event + Beneficial Ownership Information (BOI) Reporting Requirement

Today's episode is more of a public service announcement for studio owners who have businesses that are registered in the US.

On January 1, a new reporting requirement from the US Treasury Department went into effect and it might impact you. I'm talking about the Beneficial Ownership Information Reporting rule or BOI Reporting requirement from the Financial Crimes Enforcement Network (FinCEN), part of the Corporate Transparency Act.

Today I'm going to share what I learned in my research of the ruling. I'm going to go through this in a Q&A format that traces the path I took and the questions that came up for me as I determined whether or not I would be eligible and then what the registration process entailed.

Hopefully it'll help you jumpstart your own research.

A full transcript and resources from this episode can be found at MusicStudioStartup.com/episode156.

Disclaimer: I am not a lawyer and I'm not giving legal advice here. This is strictly for informational purposes and it's up to you to ensure your business is in compliance with all applicable laws.

📅 Register for our BOIR Filing Party on Tues, Dec. 10

MSS Entrepreneurs Hub + Mastermind

Music Studio Business Building 101

Business Finance for Music Teachers

MSS Studio Launch Grant Competition

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(262)

Snapshot 050 - Sarah Boyd

Welcome back. We're running our summer podcast series called Studio Snapshots. Rather than the in-depth process-oriented interviews you're used to hearing, these rapid-fire interviews give us a glimps...

2 Syys 10min

Snapshot 049 - Kathleen Gallagher-McLellan

26 Elo 12min

Snapshot 048 - Craig Harmann

5 Elo 17min

Snapshot 047 - Christina Agostini

29 Heinä 12min

Snapshot 046 - Libby Chiaradonna

22 Heinä 6min

Snapshot 045 - Caelyn Meier

15 Heinä 6min

Snapshot 044 - Jaclyn Mrozek

Welcome back! We're doing a special series on the podcast this summer called Studio Snapshots. Rather than the in-depth, process-oriented interviews you're used to hearing, these rapid-fire interviews...

9 Heinä 11min

180 - Anna Showalter on Launching a New Studio and Winning the MSS Studio Launch Grant

Well, hello again! It has been a minute since we released a new episode here on the podcast. This spring, we wrapped up our second tax season with Charles Harris, and Music Studio Startup exhibited fo...

29 Touko 32min