David J. Bross and Eric Chaimowitz
March 4, 2024
Update on the Corporate Transparency Act
Effective January 1, 2024, all existing and newly created small business entities will be required to file a beneficial ownership report to the Financial Crimes Enforcement Network (FinCEN) as part of the new Corporate Transparency Act. This reporting requirement will affect over 32.6 million existing and over 5 million newly created small business entities. […]