The Corporate Transparency Act (CTA) introduced substantial new reporting obligations for a wide array of corporate entities. Generally, any domestic entity formed by filing documents with a secretary of state or similar...more
2/24/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Business Entities ,
Compliance ,
Corporate Transparency Act ,
Filing Deadlines ,
FinCEN ,
IRS ,
Popular ,
Regulatory Requirements ,
Reporting Requirements ,
U.S. Treasury
A variety of businesses, such as LLCs, LLPs, partnerships, and corporations, formed before January 1, 2024, have until January 1, 2025, to file their initial report with the Department of Treasury’s Financial Crimes...more
11/26/2024
/ Beneficial Owner ,
Corporate Transparency Act ,
Employer Identification Number (EIN) ,
FEMA ,
FinCEN ,
IRS ,
Popular ,
Reporting Requirements ,
Taxpayer Identification Number ,
Time Extensions ,
U.S. Treasury
Beginning January 1, 2024, the Corporate Transparency Act (CTA) imposes significant new reporting requirements on a broad range of corporate entities. With certain exceptions, any domestic entity created by the filing of a...more