FinCEN: Mar. 21 is BOI Reporting Deadline for Small Businesses
The Financial Crimes Enforcement Network (FinCEN) has updated the Beneficial Ownership Information (BOI) reporting deadline to March 21, a move impacting small businesses nationwide. This change is part of efforts to enhance transparency and combat illicit activities. It requires business owners to disclose their beneficial owners’ identities to avoid significant penalties.
Implications of the Supreme Court Decision
This ruling directly affects business owners and CPA/legal firms by maintaining uncertainty in the compliance landscape.
Scam Alerts: Fake Government Compliance Notices
Businesses warned of fake government compliance notices scam causing unnecessary fees. Learn how to protect yourself.
Supreme Court Advances CTA Case: Implications for Beneficial Ownership Filing
Learn about the Supreme Court’s latest actions impacting Beneficial Ownership Filing under the Corporate Transparency Act.
Supreme Court To Hear Corporate Transparency Act Arguments
The Corporate Transparency Act (CTA) is currently garnering significant attention as arguments related to its scope and implications are being taken to the U.S. Supreme Court. Business owners and professionals in the accounting and legal sectors should closely monitor developments in this case, as the potential outcomes could significantly impact the framework for corporate governance […]
Corporate Transparency Act Filing Requirement
Understand the Corporate Transparency Act filing requirement and its impact on U.S. business owners and legal advisors.