Business owners are watching a back-and-forth battle that’s become tougher than playing tennis against Coco Gauff , and neither side is backing down. The two opponents? Business owners (specifically a Texas gun shop, the National Small Business Association and the state of Alabama) versus the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury (USDOT). What are they debating about? Nationwide business owners being required to file the Beneficial Ownership Information Report (BOIR) before January 1, 2025 in order to avoid a $591 fine, criminal penalties of up to two years in prison and repeat offenses that could lead to them owing $10K. What Is The Beneficial Ownership Information Report (BOIR)? Effective January 1, 2024, many companies in the United States must report information about their beneficial owners (the people who own or control their companies) to FinCEN , a bureau of USDOT. Filing is free and a onetime occurrence in order to...
Are you eyeing that coveted promotion at work? Do you want to advance in your career and take on more responsibilities? Being ready for a promotion requires more than just wishful thinking — it takes strategic planning, hard work and a clear vision of your goals . In this article, we will explore the steps you need to take to position yourself for a promotion and stand out as a top candidate in your organization. Understanding the Promotion Landscape Leylaynr/Getty Images Signature Before getting too deep into the specifics of being ready for a promotion, understand the landscape of promotions within your organization. Each company has its own criteria and processes for evaluating employees for advancement. Familiarizing yourself with these can give you a significant advantage. Research Your Company’s Promotion Policy Jacob Lund Start by reviewing the employee handbook, which typically outlines the company’s promotion policies, providing valuable insights into the criteria and...
Fresh starts are mostly full of excitement, but with major shifts in life come nervous jitters. No matter how old you get, the first day of a new semester or a job interview can still give you sweaty palms and a racing heart. However, if you’re as well prepared as possible for what’s yet to be thrown your way, you’ve got nothing to worry about. There will always be things out of your control, but if you manage to maintain your confidence while chatting with a potential new boss, friend or date, you’re on the right path toward success. Even if you don’t land the job, become close pals with the person who sat beside you in class or lock it down with your gym crush, you’ll still leave every situation more confident after showing up as your best self. In many cases, job interviewers and professors alike enjoy getting to know people in lighthearted ways, such as “fun fact about me” games. Some university students spend time at the beginning of the semester carefully planning what...
Job interviews are some of the most important steps a person will take in their career. Making a good impression and ensuring you align with the company while sticking out from other candidates is what can help you secure the position . A great way to prepare for an interview is by becoming familiar with how you would answer these common interview questions. There is an endless amount of questions that could potentially be asked during an interview, especially across various fields . For that reason, preparing solid answers for a handful of questions is most effective. Here are some common interview questions as well as best approaches for answering them and example answers. Your response does not have to sound exactly like these examples given. It is actually better to memorize key points to highlight during the interview rather than memorizing your entire answer and sounding as though you are reading from a script. 18 Common Interview Questions Tell me about yourself. Why do you...