Corporate Transparency Act

On January 1, 2024, corporate entities will have no more than one year to file a report with the Financial Crimes Enforcement Network (FinCEN) naming their beneficial owners and applicants. These requirements are a result of the Corporate Transparency Act, which was...

For many businesses, new reporting requirements created under the federal Corporate Transparency Act are, as a recent Forbes headline put it, the “biggest issue you’ve never heard of.”  The federal government is implementing rules that would require most entities...