New Beneficial Ownership Reporting Requirements for Many New and Existing Small Businesses
Posted Sep 27, 2024
New Beneficial Ownership Reporting Requirements for Many New and Existing Small Businesses
In 2021, Congress enacted the bipartisan Corporate Transparency Act to curb illicit finance. This law requires many companies doing business in the United States to report information about who ultimately owns or controls them to the Financial Crimes Enforcement Network (FinCEN), which is part of the U.S. Treasury. My latest blog post has all the info and links to become compliant. https://www.slarkconsultinggroup.com/new-beneficial.../