Compliance in the Spotlight: Adapting to the Corporate Transparency Act
Beginning January 1, 2024, the U.S. Department of Treasury’s Financial Crimes Enforcement Network’s (FinCEN) new reporting requirements will go into effect. These changes will require millions of small business owners to file a form called the “Beneficial Ownership Information (BOI) Report”. Here are some Frequently Asked Questions. What is the Corporate Transparency Act? The Corporate […]