Corporate Transparency Act

As a reminder, there is a new requirement for LLCs and Corporations to file a report with FinCEN. Reporting entities existing before 2024 must file a report with FinCEN including company and Beneficial Owner information before January 1, 2025. Entities formed on or after January 1, 2024, must file a report with FinCEN within ninety (90) days of receiving notice that the entity creation is effective. All reporting entities must update the report within thirty (30) days of any changes.  Please reach out to Plager, Krug, Bauer, Rudolph & Stodden, Ltd. if you would like assistance with filing this report.