02/08/2024
Business Owners:
Under the Corporate Transparency Act (CTA), you are required to file a beneficial ownership informational report (BOI) or face serious penalties.
Very few business owners have any idea about this, but it applies to nearly all Limited Liability Companies, Corporations, Partnerships and most registered entities. If you form a company after January 1, 2024, you must complete and file your BOI immediately, if you have registered a company prior to 2024, you have until the end of this year.
There are many issues with the rollout of the CTA, the biggest being the lack of notification.
It can be a fairly simple process and there are guides to completing, however, if you run into trouble, need help or would rather someone complete for you, give me a call and I can help you.