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