The Corporate Transparency Act (CTA) remains the law of the land, at least for now, and companies should prepare to comply. Recently, a federal district court in Alabama found the CTA to be unconstitutional. In the wake of...more
3/15/2024
/ Beneficial Owner ,
CEOs ,
CFOs ,
COOs ,
Corporate Transparency Act ,
Financial Crimes ,
FinCEN ,
Limited Liability Company (LLC) ,
NSBA ,
Ownership Interest ,
Regulatory Requirements ,
Reporting Requirements ,
Smaller Reporting Companies
Starting in 2024, all “reporting companies,” meaning any entity formed by filing with a secretary of state or similar office, will be required to file a “beneficial ownership report” with the U.S. Treasury Department’s...more
12/20/2023
/ Beneficial Owner ,
CEOs ,
CFOs ,
Civil Monetary Penalty ,
Corporate Transparency Act ,
Financial Crimes ,
FinCEN ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
National Security ,
Popular ,
Reporting Requirements ,
Trustees