Commencing a fundraising endeavor marks a crucial juncture for any business, emphasizing the significance of timing. Deciding when to...
With the dawn of the era of the Corporate Transparency Act, many US and foreign businesses are coming to grips with the new requirement...
2024 is now a month old, meaning that the US is a month into the requirements of the new Corporate Transparency Act. As a reminder, the...
If you have been following our blog series on the Corporate Transparency Act, you know that starting 1/1/2024, millions of small...
With the Corporate Transparency Act taking effect in 2024, millions of small companies are expected to be bound by its requirement to...
Last week the House of Representatives passed H.R.5119, entitled the “Protect Small Business and Prevent Illicit Financial Activity Act.”...
FinCEN – the Financial Crimes Enforcement Network of the U.S. Treasury – on November 29th announced that it was issuing a final rule to...
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) will, starting 1/1/2024, require millions of US businesses to...
The Corporate Transparency Act (CTA) will take effect 1/1/2024. The law and its implementing regulations are overseen by the Financial...
Our prior post covered the first way someone might be deemed a “beneficial owner” (BO) under the Corporate Transparency Act (CTA),...
Starting in 2024, millions of small companies will have to disclose to the feds who their “beneficial owners” (BOs) are (and provide...
The federal government will institute new reporting requirements for millions of businesses, including small businesses, starting January...