Day: January 16, 2024
Jan
16
Beneficial Ownership Registration of all Small Businesses Now Required
Beginning January 1, 2024, almost all small businesses in the United States are required to report all owners of the business to the Financial Crimes Enforcement Network (FinCEN). This new requirement is part of a law enacted by Congress in 2021 called the Corporate Transparency Act. It affects LLCs, S corps, partnerships, and small corporations. The […]