Clinton Corporate Members
Avidia Bank
www.avidiabank.com
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Clinton Savings Bank
www.clintonsavings.com
Comcast
www.business.comcast.com
DCU
www.dcu.org
DiMeco's Nursery & Landscape
www.ddimeco.com
HealthAlliance-Clinton Hospital
Jabil
Leominster Credit Union
Philbin & O'Neil LLC
R.P. Masiello, Inc.
RFK Community Alliance
The Item/Cherry Road Media
Worcester, MA Small Business Owners: How to Move Forward on the CTA, BOI and FinCEN Changes
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