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Financial

Treasury Extends Deadline for Small Businesses to Avoid Fines

December 26, 2024 by Americans Digest Leave a Comment

The U.S. Treasury Department pushed back the deadline to Jan. 13, 2025, for millions of small businesses to submit a new form known as Beneficial Ownership Information Report. Treasury initially demanded that many businesses file the report with the Financial Crimes Enforcement Network (FinCEN), an agency of the Treasury, by January 1. The Treasury could impose fines of up … [Read more...] about Treasury Extends Deadline for Small Businesses to Avoid Fines

Banking App Dave Soars 934%, Leading Financial Gains

December 21, 2024 by Americans Digest Leave a Comment

Jason Wilk the CEO of Dave, a digital banking service recalls the lowest point of his short career as the head of a publicly traded firm. In June 2023, the shares of his firm had fallen below $5 each. Wilk, desperate to keep Dave afloat at the Los Angeles micro-cap stock conference, pitched $5,000 stakes of his company to investors. Wilk said, "I won't lie. This was … [Read more...] about Banking App Dave Soars 934%, Leading Financial Gains

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