Ops Rundown: Issue #030
Hello Operators ??,
Is it too late to say Welcome to 2025? ?? This is our first official newsletter of the year— and while the year has just begun, there's already a lot to catch up on. We know we're not the only ones trying to keep up with the rapid pace of things!
So, where do we start?
Let’s dive into what’s been happening over the past few weeks:
ICYMI: Levy is now "Chore"
In Bezos's words: "What companies of all sizes want is to go from their idea or vision to a successful product as quickly as possible, but the problem always is that there is a lot of undifferentiated heavy lifting that gets in the middle... it has to be done at world-class levels of excellence or your vision will fail, but it's totally undifferentiated and doesn't actually make the beer taste better."
This is exactly why we're becoming Chore, a name that aptly describes our mission: we take on the undifferentiated heavy lifting, so you can focus on what makes your business special. Chore is your operations utility company.?
OpenAI wants to take over your browser
OpenAI launched a research preview of Operator, a general-purpose AI agent that can independently perform certain actions like book travel accommodations, make restaurant reservations, and shop online.
When users activate Operator, a small window will pop up showing a dedicated web browser that the agent uses to complete tasks, along with text explaining what the agent is doing. The feature will first roll out to U.S. users on ChatGPT’s $200 per month Pro subscription plan.
What's new with the Corporate Transparency Act
On January 23, 2025, the Supreme Court issued a ruling allowing FinCEN to continue to enforce the Corporate Transparency Act beneficial ownership information report (BOIR) filing requirements.
However, as of January 24, 2025, FinCEN has issued guidance that reporting companies are not currently required to file BOIRs.
Carta Updates: Schedule the Release of Your Fund Financials to Investors
Carta is on a mission to have your quarterly and annual fund financials delivered faster each period. They understand that customers may want these financials sent to their investors at the same time as an event, such as sharing multiple funds on the same date or sharing with an investor update.
To help you do this, they've released functionality that lets you schedule the release of your financials to a future date.
2025 sales tax holidays
Understanding and preparing for sales tax holidays is important for businesses, as they can impact your sales tax compliance strategy. Many states have set annual sales tax holidays, while others are required by state law to renew these holidays each year.
Find your state and see which items are sales tax exempt during the designated holiday:
February 2025 sales tax due dates
Need a reminder on when sales tax is due in February? We’re here to help. Find your state (or states) below to see your February 2025 sales tax due dates.
P.S.: Would you rather not have sales tax on your founder plate? Let Chore handle it for you - Chore no more
More News
Just for Fun
You built your company to solve real problems, not to get trapped in the maze of operational minutiae; death by a thousand cuts.
Each hour spent on operational tasks is an hour stolen from innovation. Are you ready to move from founder to leader? Hire Chore