What You Need to Know About Beneficial Ownership Reporting

By Matthew Dochnal October 3, 2022

  FinCEN provided the following deadlines by which companies need to comply with beneficial ownership reporting requirements: This law goes into effect on effective January 1, 2024. Companies incorporated or formed before January 1, 2024 will only have until January 1, 2025 to complete the FinCEN filing. Companies incorporated or formed on or after January […]

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Why the Corporate Transparency Act Is Really a ‘Mom and Pop Lock ‘Em Up’ Act

By IncNow February 4, 2021
Capitol Building

Congress did just that in passing the 2020 National Defense Authorization Act, when it overrode Trump’s veto on January 1, 2021. This included provisions commonly known as the Corporate Transparency Act. It is the United States’ first law to require beneficial ownership disclosure requirements for LLCs and Corporations. Unfortunately, this special interest legislation by the […]

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