Dec 14, 2023
Starting 1/1/2024, Small Business Owners Must Start Reporting To FinCen or Face Fines/Jail Time.
The Corporate Transparency Act, or CTA, goes into effect on January 1st, 2024. It requires “beneficial owners” of “new” (formed on 1/1/2024 or after) “small businesses” (less than 500 employees...