Corporate Transparency Act: What Business Owners Need To Know

Read up on the new Corporate Transparency Act, an effort by the Congress and the FBI to understand corporate ownership and prevent money laundering and the financing of terrorism.

To ensure you’re in compliance and avoid hefty fees (up to $500 per day!) check out our summary of requirements.

For many simple LLCs, it should be an easy task to accomplish. If not, ask your CPA or lawyer to support your filing!

 

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