A recently issued final rule extended the deadline for the Corporate Transparency Act's initial reporting requirements for entities formed during calendar year 2024.
With the Corporate Transparency Act's effective date rapidly approaching, scammers are attempting to exploit companies' unfamiliarity with the act to obtain sensitive information.
Read a comprehensive summary of frequently asked questions under the new regulations implementing the Corporate Transparency Act (CTA) that become effective on January 1, 2024.
FinCEN recently provided updates regarding the Corporate Transparency Act and Beneficial Ownership Information Reporting Requirements for Companies.
With the Corporate Transparency Act regulations looming in the new year, read about the beneficial ownership reporting key questions business owners need to understand.
90% of businesses will soon need to disclose the names of those with ownership interests or who exercise control under the Corporate Transparency Act.