NPZ Law Group Reminder to Business Entities: Comply with Beneficial Ownership Reporting Requirements

As of January 1, 2024, many U.S.-registered business entities may need to comply with the Corporate Transparency Act (CTA). This new act requires submitting a Beneficial Ownership Information Report (BOIR) to the Federal Crimes Enforcement Network (FinCEN) by January 1, 2025. Missing this deadline may lead to substantial civil and criminal consequences.

NPZ Law Group Reminder to Business Entities: Comply with Beneficial Ownership Reporting Requirements Continue reading…