SMALL BUSINESS NEWS

Corporate Transparency Act

As of January 1, 2024, certain types of corporations, limited liability companies, and other similar entities created in or registered to do business in the United States must report information about their beneficial owners to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).

Helpful Resources:

• Beneficial Ownership Information (BOI) Reporting Requirements
• BOI Reporting FAQs
• SCORE Webinar on Jan 10 at 1 PM EST: The Corporate Transparency Act

Employee Retention Credit Voluntary Disclosure Program

The Internal Revenue Service launched a new Voluntary Disclosure Program to help businesses who want to pay back the money they received after filing ERC claims in error. Interested employers must apply for the program by March 22, 2024.

Taxes and USDA Programs

If you received funds from the USDA through activities such as a conservation program payment or a disaster program that is considered farm income that includes a tax liability for farm businesses. Prepare for tax season with these helpful resources.

FUNDING OPPORTUNITIES

Webinars from the Virginia SBDC Network

Access the CVSBDC Events Calendar and 

statewide training offerings for even more learning!

Engagement Strategies to Improve Your Workplace

Jan 16 | 8 AM - 10 AM

In Person (Charlottesville)

Get off the hiring treadmill! If you’re tired of the constant struggle to hire, it’s time for a closer look at employee retention. Take back control by creating a workplace where great employees want to stay. 

Storytelling Staples Workshop

Jan 18 | 9 AM - 4 PM

In Person (Charlottesville)

Storytelling Staples is a one-of-a-kind opportunity to get insights and the behind-the-scenes of what makes stories compelling. Join award-winning journalist Yulia Denisyuk and Virginia Tourism Corporation for a storytelling workshop aimed to elevate your skills

ServSafe® Manager Training

Jan 22 | 9 AM - 6 PM

In Person (Culpeper)

The Virginia Food Regulations require that each food establishment employ at least one Certified Food Protection Manager who has supervisory and management responsibilities. and the ServSafe® Food Protection Manager Certification is recognized by the Virginia Department of Health as meeting the requirements.

Time is ticking!

Apply today for the Spring 2024 Entrepreneur Workshop!

Central Virginia SBDC

Your Partners in Business:



​Supporting Small Business - from Startups to International Expansion

Serving the City of Charlottesville and the Counties of Albemarle, Culpeper, Fluvanna,

Greene, Louisa, Madison, Nelson, Orange, Rappahannock.

Meet With Us

The Virginia SBDC Network is funded in part through a cooperative agreement with the U.S. Small Business Administration, George Mason University‐Mason Enterprise, and local host institutions. The Virginia SBDC is nationally accredited by America’s SBDC.

All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. Business owners can access the services of their nearest SBDC at VirginiaSBDC.org.