Business Tips – Current Status of the Corporate Transparency Act (CPA)
Current Status of the Corporate Transparency Act By Peter LePage, SCORE Williamsburg The Corporate Transparency Act (CTA), enacted in 2021 to curb illicit finance, requires most US small businesses to report information about the individuals who own or control them. Failure to comply carries severe penalties. Go to https://www.fincen.gov/boi for a complete guide to complying with the Act.…
Innovation Ecosystem – Tech Center Newport News: A Catalyst for Innovation on the Peninsula
Tech Center Newport News: A Catalyst for Innovation on the Peninsula By Bob McKenna, Virginia Peninsula Chamber Tech Center in Newport News stands as a shining example of what visionary collaboration can achieve. This 100-acre development, which is a partnership between the City of Newport News, W.M. Jordan Company, Virginia Tech Corporate Research Center, and Jefferson Lab, blends innovation, lifestyle, and commerce to drive economic…