The Incorporators Ltd.

Breaking news from FinCEN: Crucial reporting deadline extended for companies created or registered in 2024. Newly formed reporting companies will now have an extended 90 days (instead of the original 30 days) to file their initial Beneficial Ownership Information (BOI) Report with FinCEN.

Read the official announcement here:

FinCEN Extends Deadline for Companies Created or Registered in 2024 to File Beneficial Ownership Information Reports | FinCEN.gov Immediate Release November 29, 2023 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) issued a final rule today that extends the deadline for certain reporting companies to file their initial beneficial ownership information (BOI) reports with FinCEN. Reporting companies created or regi...

The Incorporators will be closed on Monday, September 4th, in observance of the Labor day holiday.

Did you know that the type of entity you choose dictates what type of accounting method you're able to use? Today on the blog, we're going through the differences between the cash method of accounting and the accrual method:

Cash Method of Accounting vs. Accrual Method Accounting is an essential part of any business, as it helps to keep track of finances and ensure that a business is profitable. Two of the most common methods of accounting are the cash method and the accrual method. These are sometimes called cash basis accounting or accrual basis accounting. Whil...