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FinCEN

Rod Simmons
Jul 3, 2024

Corporate Transparency Act institutes new reporting requirements

The Corporate Transparency Act mandates U.S. companies to report beneficial ownership information to combat illegal activities, affecting millions of businesses, with compliance required by 2025.

Treasury Secretary Janet Yellen receives a briefing during a visit to the Financial Crimes Enforcement Network on Jan. 8 at Vienna, Va. (Associated Press file)
Mar 13, 2024

Justice Department to appeal Corporate Transparency Act ruling

NEW YORK — The National Small Business Association has successfully challenged a law designed to combat money laundering but that small businesses contend is too burdensome. A federal court in […]


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