Lawrence, KS Business Owners: Deciphering the CTA, BOI and FinCEN Changes
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 if this injunction is overruled. Waiting could mean scrambling to meet compliance requirements or penalties. ZenBusiness helps businesses tackle BOI concerns quickly with simple instructions and painless processes. This is ideal for SBOs that want to avoid trouble and rectify their obligations in advance. 1. Determine if Your Business Must File. A ‘reporting company’ is any small business, corporation, or LLC that is registered with the state, unless exempt. Exemptions apply to publicly traded companies, banks, and charities. For example, a local bakery in Lawrence, KS would likely need to file a BOI report. 2. Identify Your Beneficial Owners. A ‘beneficial owner’ is someone who either has substantial control over a company or owns at least 25% of it. For instance, in the context of a small appliance repair service in Lawrence, the owner who manages daily operations and holds a 40% ownership stake is considered a beneficial owner. 3. Gather the Required Information. Prepare: Business name, address, and EIN. Beneficial owners’ names, addresses, DOBs, and ID details. 4. File Your BOI Report. Deadlines: Existing businesses: File by 01/01/2025. New companies (2024): File within 90 days of formation. New companies (2025+): File within 30 days of formation. ZenBusiness provides SBOs with tailored tips and tools for BOI compliance, thus an opportunity to stay ahead of further measures and avoid penalties. This type of service also makes reporting your company’s information quick and easy. Additional Resources: We want to hear from you! We value your feedback! Please take a moment to fill out our BOI survey by December 18, 2024, and remember, for every 25 responses, our Chamber will receive a $100 donation! Complete the survey here! Thank you for your support! As of December 3, 2024, a Texas federal district court has issued a preliminary injunction for all states to block the CTA and its relevant regulations. However, filing your BOI will help you avoid fines if this injunction is overruled. This Hot Deal is promoted by The Chamber, Lawrence, Kansas .
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes.
Lawrence Kansas
The Chamber
Non-Profit Directory
The Chamber is proud of the fact that so many local non-profits engage with and invest in The Chamber. Our special pricing for our 501(c)3 members for membership and marketing oportunities allows these amazing organizations to reach the local business community, finding potential donors, board members and support.
This directory features non-profit members of The Chamber. If your business is interested in expanding your involvement with the Lawrence community, we hope you reference this list! If your organization doesn't appear on this list, we hope you consider joining The Chamber!
Animals
Lawrence Humane Society
1805 E. 19th St.
(785) 843-6835
lawrencehumane.org
The Arts
Lawrence Arts Center
940 New Hampshire St.
(785) 843-2787
lawrenceartscenter.org
Marla Quilts, Inc.
2001 Haskell Ave.
(785) 371-6682
marlaquiltsinc.com
Van Go, Inc.
715 New Jersey St.
(785) 842-3797
van-go.org
Children/Education
Ballard Center
708 Elm St.
(785) 842-0729
ballardcenter.org
Boys & Girls Club of Lawrence
2910 Haskell Ave.
(785) 841-5672
bgclk.org
CASA (Court Appointed Special Advocates) Douglas County
1009 New Hampshire St., Suite A & B
(785) 832-5172
www.dccasaks.org
Child Care Aware of Eastern Kansas
2518 Ridge Court
(785) 865-0669
east.ks.childcareaware.org
Communities in Schools of Mid-America
1919 Delaware St.
(785) 865-5190
cismidamerica.org
Community Children's Center
901 Kentucky St., Ste. 202
(785) 260-8184
communitychildrenks.org
Heart of America Council, Boy Scouts
10210 Holmes Road, Kansas City, MO
(816) 942-9333
hoac-bsa.org
Junior Achievement
(785)841-8245
kansasja.org
Kansas Action for Children
709 S. Kansas Ave., Ste. 200, Topeka, KS
(785) 232-0550
kac.org
Kansas Big Brothers Big Sisters
2518 Ridge Court
(785) 843-7359
kansasbigs.org
Landen Lucas Foundation
4000 W. 6th St.
(503) 989-9930
landenlucasfoundation.org
Lawrence Children's Choir
(785) 331-4662
lawrewncechildrenschoir.org
Lawrence Public Library
707 Vermont St.
(785) 843-3833
lawrencepubliclibrary.org
Lawrence Schools Foundation
110 McDonald Dr.
(785) 330-1941
lawrenceschoolsfoundation.org
Peaslee Tech
2920 Haskell Ave., Ste. 100
(785) 856-1801
peasleetech.org
READ Lawrence
1900 Delaware St.
(785)424-0838
facebook.com/READLawrenceKS
The Children's Shelter
1925 Delaware St.
(785) 843-2085
theshelterinc.org
Foundations
Capitol Federal Foundation
700 Kansas Ave., Ste. 517, Topeka, KS
(785) 270-6040
capfed.com
Douglas County Community Foundation
900 Massachusetts St., Ste. 406
(785) 843-8727
dccfoundation.org
Haskell Foundation
155 Indian Ave., Box 5019
(785) 749-8425
haskellfoundation.org
Health
Alzheimer's Association - Heart of America Chapter
3846 W. 75th St., Prairie Village, KS
(913) 831-3888
alz.org/kansascity
Bert Nash Community Mental Health Center
200 Maine St., Ste. A
(785) 843-9192
bertnash.org
Community Blood Center of KC
4040 Main St., Kansas City, MO
(816) 968-4004
savealifenow.org
CV Key Project
cvkeyproject.org
Douglas County Visiting Nurses
200 Maine St., Ste. 150
(785) 843-3738
kansasvna.org
Heartland Community Health Center
346 Maine St., Ste. C
(785) 841-7297
heartlandhealth.org
Kansas Advocates for Better Care
536 Fireside Court, Ste. B
(785) 842-3088
kacb.org
Kansas Suicide Prevention HQ
2110 Delaware St., Ste. B
(785) 841-9900
headquarterscounselingcenter.org
Lawrence Douglas County Public Health
200 Maine St., Ste. B
(785) 843-3060
ldchealth.org
Midland Care Connection
319 Perry St.
(800) 726-7450
midlandcare.org
Trinity In-Home Care
2001 W. 25th St., Ste. Q
(785) 842-3159
tihc.org
Housing
Family Promise of Lawrence
905 Tennessee St.
(785) 856-1417
lawrencefamilypromise.org
Housing & Credit Counseling
2518 Ridge Court., Ste. 104
(785) 749-4224
hcci-ks.org
Lawrence Douglas County Housing Authority
1600 Haskell Ave.
(785) 842-8110
Lawrence Habitat for Humanity
720 Connecticut St.
(785) 832-0777
lawrencehabitat.org
Tenants to Homeowners
2518 Ridge Court, Ste. 103
(785) 842-5494
tenants-to-homeowners.org
Local Organizations
Lawrence Farmers Market
(785) 505-0117
lawrencefarmersmarket.org
Seniors
Community Village Lawrence
2001 Haskell Ave.
(785) 505-0187
communityvillagelawrence.org
Senior Resource Center of Douglas County
745 Vermont St.
(785) 842-0543
yoursrc.org
Support Services
American Red Cross
2518 Ridge Court
(785) 843-3550
redcross.org
Catholic Charities of Northeast Kansas
1525 W. 6th St.
(785) 856-2694
catholiccharitiesks.org
Cottonwood, Inc.
2801 W. 31st. St.
(785) 842-0550
cwood.org
Douglas County CASA
1009 New Hampshire St.,
Ste. A & B
(785) 832-5172
dccasa.org
Douglas County ECKAN Center
2518 Ridge Court, Ste. 104
(785) 841-3357
Just Food
1000 E. 11th St.
(785) 856-7030
justfoodks.org
Lawrence Community Shelter
3655 E. 25th St.
(785) 832-8864
lawrenceshelter.org
The Salvation Army
946 New Hampshire St.
(785) 843-4188
lawrence.salvationarmy.us
United Way of Douglas County
1307 Massachusetts St.
(785) 843-6626
unitedwaydgco.org
Willow Domestic Violence Center
1920 Moodie Road
(785) 331-2034
willowdvcenter.org
Visit Us
718 New Hampshire St. Lawrence, KS 66044
Contact Info
info@lawrencechamber.com
(785) 865-4411
Join the Chamber