The CTA is here! Does it affect your small business and what should you do?


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Jan 15 2024 41 mins   1

#69. The Corporate Transparency Act is actively affecting businesses in 2024, so does it affect yours? If so, what do you do about it? Sevana and Tiffany break it all down in today's episode!


**Sorry for the poor sound quality toward the end of this episode**


RESOURCES:


FinCEN’s Beneficial Ownership Information Reporting homepage, offering guidance and educational materials

FinCEN’s Reference Material, featuring rules and regulations related to the CTA

FinCEN’s Small Entity Compliance Guide, intended to assist the small business community in complying with the beneficial ownership information reporting rule

FinCEN Identifier Application

FinCEN Beneficial Owner Reports



https://www.score.org/resource/article/understanding-and-complying-federal-corporate-transparency-act


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Disclaimer - We are NOT licensed financial experts, nor do we give financial advice. Anything we share with you here on our podcast, whether it be a personal experience or submission, or advice/tips that have worked for us, or that we believe would work for you should not be viewed as either financial, business, or tax advice. We ask for you to do your research, have open and honest conversations with your company’s own support providers and make decisions based upon that. Throughout this broadcast we will share our knowledge and give suggestions and hope you will receive them as part of your overall research to better your own company.