Category: Smith CPA’s And Associates Newsletters

Corporate Transparency Act

Corporate Transparency Act We hope this message finds you well. The Corporate Transparency Act (CTA) took effect on January 1, 2024, introducing a federal filing requirement for corporations, LLCs, and various business entities known as “reporting companies”. Individuals forming new reporting companies must submit a Beneficial Ownership Information (BOI) report to FinCEN within 90 days […]