Immediate Action Required for Most Small Business Owners: New Federal Financial Crimes Enforcement Network (FinCEN) Corporate Transparency Act Reporting Requirements
As addressed in the KH video below, the new federal Corporate Transparency Act (“CTA”) requires most small business entities registered with a Secretary of State (e.g., corporation, limited liability company, family limited liability company, limited partnerships, etc.) with less than 21 full-time employees and less than $5 million of gross receipts to report detailed entity […]
