Starting January 1, 2024, most small businesses will have to report information about their beneficial owners (individuals who own or control the business) to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.
Request our helpful flyer about Beneficial Owner Reporting under the Corporate Transparency Act to find out whether your company will need to report information and if so, what types of information must be submitted to FinCEN.