New Reporting Requirements for Small Business Owners
Posted On: October 15, 2024 by CSE Federal Credit Union in: CSE News
New Reporting Requirements for Small Business Owners
As of January 1, 2024, the bipartisan Corporate Transparency Act requires many companies doing business in the United States to report information about the individuals who ultimately own or control them. The law was passed to curb illicit finance and protect U.S. national security.
If you own a business operating in the United States you are now required to file details—to the Financial Crimes...
