Business Compliance
Understanding Contracting Board Requirements for Florida Developers
Florida’s contracting board system plays a pivotal role in maintaining quality, safety, and compliance within the state’s construction industry. For developers aiming to deliver successful projects, understanding and adhering to these requirements is non-negotiable. Yet, navigating the intricacies of Florida’s contracting boards can often feel daunting. This comprehensive guide will explore key regulations, insights, and…
Read MoreWhy Partnering with API Processing in 2025 Simplifies Developer Licensing in Florida
Navigating the licensing process as a developer in Florida can feel like trying to complete a marathon blindfolded. From complex state regulations to time-consuming paperwork, the process is often overwhelming. Add the challenge of managing out-of-state licensing requirements for multi-state projects, and the road to compliance becomes even more daunting. This is where API Processing…
Read MoreFinCEN Update: Beneficial Ownership Information Reporting Deadlines
In a major update for businesses, the Financial Crimes Enforcement Network (FinCEN) has announced extensions to the deadlines for filing Beneficial Ownership Information (BOI) reports. This decision follows a December 23, 2024, U.S. Court of Appeals ruling, which reinstated the reporting requirements under the Corporate Transparency Act (CTA). The adjustments aim to provide businesses sufficient…
Read MoreTaking the NASCLA Exam Can Help You Expand Your Business Faster!
The NASCLA Accredited Examination Program, a single Trade Exam which is recognized in a variety of states, was designed to reduce redundant licensing requirements and assist construction and electrical contractors who need to be licensed in multiple jurisdictions. NASCLA, the National Association of State Contractors Licensing Agencies, is a nonprofit organization whose purpose is to…
Read MoreUnderstanding the Corporate Transparency Act’s Effect on Small Business
A new law known as the Corporate Transparency Act (CTA) mandates that starting January 1, 2024, the majority of U.S. corporations must provide the federal government with ownership information. This means most businesses in the U.S. will need to file a form called the Beneficial Ownership Information (BOI) Report with the federal government. Importantly, this…
Read MoreEnforcement Efforts for Unlicensed Contractors
NASCLA Announces 2022 National Coordinated Enforcement Efforts The National Association of State Contractors Licensing Agencies (NASCLA) synchronized a national coordinated enforcement effort during the weeks of June 6 – 24, 2022. There were 12 NASCLA State Members who took part in this event across the country including: Arizona, California, Connecticut, District of Columbia, Florida, Mississippi,…
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