Corporate Transparency Act
Corporate Transparency Act Corporate Transparency Act
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  • Facts
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    • Definition of Acceptable Identification Document
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    • Definition of Reporting Company & Exemptions
    • Definition of Required Information
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Corporate Transparency Act Corporate Transparency Act

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Your Entity May be Fined $500/Day If It Does Not File a FinCen Report

January 1, 2022, is the day that the Corporate Transparency Act (CTA) became effective.  The CTA requires almost all LLCs, for profit corporations, limited partnerships and other entities created by filing a document with a state to

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Blog Subjects

  • FinCen Statements
  • Important Info
  • The Act
  • The Regulations

Recent Posts

  • FinCEN Issues Final Rule for Beneficial Ownership Reporting
  • Your Entity May be Fined $500/Day If It Does Not File a FinCen Report
  • Fact Sheet: Beneficial Ownership Information Reporting Notice of Proposed Rulemaking (NPRM)
  • CTA: FinCEN to Collect Beneficial Ownership Information
  • The Corporate Transparency Act Introduces Beneficial Ownership Disclosure Requirements

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Resent Post

FinCEN Issues Final Rule for Beneficial Ownership

09/29/2022

Your Entity May be Fined $500/Day If

01/01/2022

Fact Sheet: Beneficial Ownership Information Reporting Notice

12/07/2021

CTA: FinCEN to Collect Beneficial Ownership Information

06/24/2021

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  • FinCen Statements
  • Important Info
  • The Act
  • The Regulations

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A federal law called the Corporate Transparency Act (CTA) became effective on January 1, 2022.  The CTA requires every “reporting company” (almost all LLCs, for profit corporations and similar entities are reporting companies) to file a report with the U.S. Financial Crimes Enforcement Network (FinCen).  

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