November 19, 2024 news & updates

Upcoming Chamber Events & Important Dates


November 19: Ribbon Cutting for Aleck Pain to Performance

5 - 7 PM at 11 S. White St., Frankfort


November 21: Business After Hours - Hawaii Fluid Art Tinley Park

5 - 7 PM at 17200 Oak Park Ave Suite 104, Tinley Park


November 28 & 29: OFFICE CLOSED


November 30: Shop Small Saturday


December 3: December Meet, Greet & Network - Holiday Edition

8 - 9:30 AM at the Village of Frankfort

Click HERE to register or become a sponsor


December 4: Ribbon Cutting for Color Me Mine Frankfort

3:30 - 4:30 PM at 19981 LaGrange Rd, Frankfort


December 12: Ribbon Cutting for Move Pilates 5-Year Anniversary

4 - 5 PM at 18 Elwood St., Frankfort


December 12: Ribbon Cutting for Guild Mortgage

5 - 7 PM at 20624 Abbey Woods Ct. N Suite 202A, Frankfort


December 13: Midnight Madness

6 PM - Midnight at participating businesses


December 19: Ribbon Cutting for the Golf Facility

5 - 7 pm at 19031 Old LaGrange Rd, Suite 200, Mokena


December 24 - January 2nd: OFFICE CLOSED

Events Calendar

"Frankfort Features..."

CoVantage Credit Union

Learn all about our member CoVantage Credit Union - New Lenox in the latest edition of Frankfort Features! Located right on Lincoln Hwy their mission is simple: welcome all regardless of wealth; provide outstanding value and exceptional service; work with members experiencing financial challenges; and remain financially strong.


📍 1000 E. Lincoln Hwy., New Lenox, IL 60451

📞 (815) 462-4300


This video spotlight series is the perfect opportunity to promote your products and services to our local community.


To learn more about this series and take advantage of this amazing marketing tool, click HERE! 

Chamber News & Info

Chicagoland Chamber of Commerce - Unlocking Access to Capital for Small Businesses Free Webinar 11/20

Join the Chicagoland Chamber of Commerce for an insightful information session on Access to capital, featuring Iman Cotton, as we explore essential strategies for securing funding and capital for your small business. Learn about the various financial tools, lending options, and resources available to help your business grow, scale, and thrive.


Whether you’re a startup or an established company, this session will provide valuable tips on navigating the funding landscape, preparing for loan applications, and leveraging capital to achieve your business goals. Don’t miss this opportunity to connect with experts and gain practical advice tailored to small business owners.


Register for the Webinar

"Welcome to Frankfort" New Resident Gift Bag Program

Want to get your business information into the hands of every new Frankfort resident in 2025? The Chamber’s “Welcome to Frankfort” Gift Bag program connects you with newcomers eager to learn about local products and services. When residents set up their utility accounts at Village Hall, they receive a tote bag filled with goodies from our members. If they opt-in for communications, we’ll share their names and addresses with you for follow-up. The cost to participate is $200 for businesses and $50 for non-profits.

Please register by December 31, 2024, and bring us 100-250 items for the bags.

If you need ideas, contact the Chamber. For questions, email Kelsie Diehl at kelsie@frankfortchamber.com.

Register Here

ILSOS Business Services Department - Corporate Transparency Act Webinar on December 4th at 1 pm!

Many small- and mid-sized businesses must now report their beneficial owner(s) to the U.S Treasury’s Financial Crimes Enforcement Network (FinCEN). This is true whether you are organized in Illinois or in another State, this is federal requirement, not an Illinois requirement. Entities with fewer than 20 employees or less than $5 million in gross receipts / sales are considered small entities and required to file a BOI report.

 

Existing businesses (created or registered as of 12/31/23) are required to file by 12/31/24.

New businesses (created or registered in 2024) are required to file within 90 calendar days of creation/registration (new entities in 2025 and after will have 30 days to register).

 

There are severe penalties for not filing in the required timeframe (the company can be fined up to $591 PER DAY with a maximum penalty of $10,000) and if willful failure to file can face up to two years in prison.

 

The easiest way to file a BOI report is electronically on the FinCEN website https://www.fincen.gov/boi. You will need to upload a copy of the beneficial owner(s) identification.

 

To learn more, attend the Corporate Transparency Act (CTA) Webinar on December 4, 2024 at 1 pm CST with special guest, Phil Lam, from the Department of Treasury or find additional information on the FinCEN website (www.fincen.gov/boi). 

Register for the Webinar

Click HERE for more information on BOI (Beneficial Ownership Information) requirements

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