02/06/2024
Do you own a small business? Or are you considering starting a small business? If the answer is yes, then you need to know about Beneficial Ownership Reporting that was implemented by the 2021 Corporate Transparency Act and went into effect on January 1, 2024.
Beginning on January 1st of 2024, many businesses will need to file a Beneficial Ownership report with the Financial Crimes Enforcement Network (FinCEN) as a part of the 2021 Corporate Transparency Act aimed at preventing money laundering, tax fraud, and more. Corporations, LLCs, Limited Partnership...