Alert! New Federal Law Impacting Your Legal Entity - Corporate Transparency Act
Wealth Protector Radio

Alert! New Federal Law Impacting Your Legal Entity - Corporate Transparency Act

2024-05-28
The Corporate Transparency Act is requiring all reporting companies (LLC, Corporation, Partnerships and more) to file a FinCEN report with the Financial Criminal Enforcement Network (FinCEN) of the U.S. Treasury, disclosing all information about the beneficial owner(s) of the legal entity and those that created them. Failure to report in a timely manner can lead to a fine of $500/day.Beginning January 1st, 2024, the Corporate Transparency Act will begin enforcing reporting companies to file.Join...
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