On November 30, 2023, the Financial Crimes Enforcement Network (FinCEN) amended the beneficial ownership information (BOI) reporting rule extending the deadline for certain Reporting Companies to file their initial BOI report under the Corporate Transparency Act (“CTA”).[1] Previously, the CTA guidelines required that Reporting Companies formed or registered on or […]
With the New Year comes new rules and regulations for new and existing companies throughout the United States. 2024 will be the year of the Corporate Transparency Act (the “CTA”). Beginning January 1, 2024, unless an exemption applies, all entities that are either (1) formed, or (2) registered to do […]