10/25/2024
All corporations, LLCs (limited liability companies) and similar entities are required to file a Beneficial Ownership Information form with the United States Treasury Department by the end of 2024. This is a new requirement under a law called the Corporate Transparency Act. The law is intended to fight money laundering by making all companies identify who the real owners of the company are. If this information is not provided by the end of the year, then the government may impose a fee of $500 or more on the company.
Most company owners don't know about this requirement. While it's free to file the information, our firm would be happy to assist any business owner who would like some assistance. We're charging a flat fee of $69, and this also includes a ten minute free consultation on any other legal matter that you'd like to discuss.
Please give us a call at (407) 289-0803 if you'd like to discuss it.
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