CATEGORY

Financial Awareness

January 5, 2024

Small Business Alert

Effective January 1, 2024, the Corporate Transparency Act (CTA) requires most business entities to file an initial report with the Financial Crimes Enforcement Network (FinCEN) to disclose the entity’s beneficial owners (a “BOI Report”). Entities that existed before January 1, 2024, have until January 1, 2025, to comply. What does the new rule require? The… Continue reading Small Business Alert

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