Important Update for Company Owners

The Corporate Transparency Act (CTA) mandates that millions of entities report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN), including all new entities formed in 2024 and beyond.

You have 30 days to report your company's information. We cannot do it for you; rather seek legal advice on the filing requirements. 

FAQs - Your Company Impact 

Find out more in the BOI CTA FAQs, including: 

  • Who is required to report under the CTA's BOI reporting requirement?

  • When must companies file?

  • What information do companies need to report?

  • What are the penalties for non-compliance with the statute?

Previously, information about the Corporate Transparency Act was shared on our blog, in newsletters, and on social media. Now, however, is the time to act. 

Questions?

Please contact us or schedule a call with me if you have questions about this update.  

Accounting, Law Firms, Real EstateArpita Joshi