GET IN THE GAME Score Big With Family-Friendly Touch Football
Ready to tackle some family fun? Nothing beats a good old-fashioned game of touch football when the weather outside cools. It is the perfect way to get everyone running, laughing, and scoring a few points — without needing to be a pro quarterback. So, grab some comfortable shoes and dive into the playbook for the MVP of family games! Make Balanced Teams To get started, create two teams among your family, with at least two players on each team. While letting kids choose their teams is fine in most cases, remember that the more balanced the teams are, the more fun everyone will have. If you have an uneven number of players, you can follow an old playground rule and have one of the older players be the quarterback for both teams, ensuring everyone gets to play while the game
remains balanced. Once you form teams, create the playing field by setting up small cones or beanbags to mark boundaries and end zones. Follow the Rules Before you start playing, ensure both teams agree on the rules. There are obvious ones, like where the end zones are, how many points a touchdown is worth, and how many downs each team has — either to get a touchdown or, space permitting, a first down. You also must determine what constitutes a player as “down” — when one or two hands touch the player with the ball, whether they need to be touched on the torso or anywhere, etc. You also have to decide if a team does not score, whether the opposing team takes over from where the ball ended up, or whether each team has a set starting point for each drive.
Once you prepare everything, you
can determine which team gets the ball first with a game of rock-paper-scissors and play until one team reaches a predetermined score … or it is time to go inside and enjoy a family meal. Remember, the best part of family touch football isn’t just the touchdowns — the laughter, teamwork, and fun make every play memorable.
LEARN HOW TO FILE YOUR BENEFICIAL OWNERSHIP INFORMATION REPORT Is Your Business Compliant With the CTA?
transparency in corporate ownership. If you own a business or have a legal entity registered with the Secretary of State, it is essential to know whether your company qualifies as a “Reporting Company” under the CTA and must submit a BOI (Beneficial Ownership Information) Report. If the Reporting Company does not meet an exemption to report, then it must disclose its “Beneficial Owners” which includes any individuals, trusts, or other entities owning at least 25% of the Reporting Company or those individuals who exercise substantial control over its operations (e.g., members of the board of directors or certain corporate officers or managers).
including fines of up to $500 per day and potential criminal charges.
Businesses created or registered before Jan. 1, 2024, must file their BOI Report by Jan. 1, 2025. For those created after Jan. 1, 2024, the report must be filed within 90 days of creation. The process might seem complex, but it is crucial to comply with this new requirement to avoid penalties. For more detailed information and to determine if your business is required to report or if it qualifies for any exemptions, scan the provided QR code to review our FAQs. If you need assistance filing your BOI Report, Eagle & Fein,
The Corporate Transparency Act (CTA) is an important new regulation that all business owners
must be aware of, especially with the upcoming Dec. 31, 2024 deadline . The CTA went into effect on Jan. 1, 2024, and requires certain businesses to file reports with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) to disclose information about their company and its beneficial owners.
Certain exemptions can relieve businesses from the obligation to report. For example, you may not need to file if your business has more than 20 employees and reported over $5 million in gross receipts or sales on its previous year’s federal tax return. However, failing to file if you are required to do so can lead to significant penalties,
P.C. can help you navigate the process. Failure to report could result in costly penalties. Please reach out to us by Nov. 27, 2024, if you would like our assistance. If you have any specific questions or need further clarification, please email Evan Golightly at Egolightly@eagleandfein.com .
The CTA aims to combat financial crimes, such as money laundering and fraud, by increasing
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