How Immigrant Entrepreneurs Tackle the Roadblocks to Business
For those chasing the promise of new beginnings, building a business far from home is more than a career move—it’s a plunge into the deep end. Immigrant entrepreneurs are everywhere, pushing boundaries in technology, food, fashion, and logistics. But while their headlines often celebrate hustle and success, what rarely gets told is the string of challenges that trail behind the immigrant label. These hurdles aren’t always obvious, and rarely are they tackled in business school case studies, yet they shape
The CTA, BOI and FinCEN: What SBOs in Salt Lake City, UT Should Do Now
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines
