The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. 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
EXCITEMENT IGNITED... It was a proud moment as the ribbon was cut at the grand opening celebration for the City of Beacon’s brand-new firehouse, located at 1140 Wolcott Avenue. This state-of-the-art facility, built by Mid Hudson Construction Management (MHCM), will serve and protect the Beacon community for years to come, enhancing the city’s emergency response capabilities. In attendance were MHCM team members Ryan Goshea, DJ Sadowski and Justin Burger, as well as Beacon City Administrator Christopher
Starting a business with a significant other adds a unique dimension to both the relationship and the venture. It's not only about combining talents and resources but about uniting dreams into a shared path toward success. This journey fosters a deeper connection, as partners navigate the highs and lows of entrepreneurship together. Yet, balancing personal and professional lives demands careful thought and strategy to keep both thriving. With the right planning, partners can find harmony in building a
Just in time for the holiday season, Hudson Valley flagship winery Millbrook Vineyards & Winery (Millbrook Winery) is accepting custom wine bottle label orders. A perfect way to create personalized gifts, individuals and businesses have the opportunity to transform Millbrook wine into a sophisticated, custom gift ideal for family gatherings, corporate celebrations and employee recognition, among other milestones. The process is simple – customers select from Millbrook Winery’s award-winning varietals
Building on the success of its two Ulster County locations, Amy Reed and Joyce San Pedro, co-owners of The Yoga House, have announced that ground has been broken on what will be the studio’s third, and first Dutchess County, home.The Yoga House’s Poughkeepsie sanctuary, located at South Road Crossing on Route 9, will open in the spring of 2025, anchoring a variety of businesses, including Sleep Number, Buff City Soap, Jersey Mike's Subs, uBreakiFix, Smoothie King, Home 2 Suites by Hilton and more. The
To better serve the Hudson Valley, Mid Hudson Construction Management (MHCM) announces the appointment of James Madison as chief estimator. With more than 35 years in the industry, Madison brings his expertise and vast knowledge of construction techniques and practices to his new role with the construction firm responsible for many well-known projects in the region. “Welcoming James to the MHCM family is a perfect move as we expand our reach in the Hudson Valley,” said Ray Travis, president and CEO of Mid
Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.30 for the third quarter of 2024, up 18.2% from the immediate prior quarter, and up 155.3% from the diluted earnings (loss) per share of $(2.35) reported in the third quarter of 2023. Net income for the third quarter of 2024 was $18.6 million, up $3.0 million or 18.9% compared to the second quarter of 2024, and up $52.0 million, or 155.9%, when compared to the net loss of $(33.4) million reported for the
Mid-Hudson Works and North River Roasters is stoked to partner with Patriot Insurance Group and Save a Suit as a new collection site for your gently used suits and business wear. This program allows us to provide suits to Veterans in need of business attire for interviews or other business events. Please help support this cause by bringing your gently used suits and/or business attire to: Mid-Hudson Works, 188 Washington Street, Poughkeepsie, NY 12061 on Friday's between 8 a.m. and 3 p.m. If you cannot