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With the Corporate Transparency Act now having gone into effect, many businesses are now subject to the act’s Beneficial Ownership Information (BOI) reporting requirements. DarrowEverett attorney Michael Raposa shared his knowledge on the topic in a recent webinar hosted by the firm. He covered the timelines that companies must meet to ensure compliance, what penalties companies face for noncompliance, and much more.
Slides from this Corporate Transparency Act presentation can be found here. Should you need help submitting BOI reports, or have further questions about whether the CTA applies to you and your business, you can reach us at the office nearest you.
You are also encouraged to check out our Frequently Asked Questions about the Corporate Transparency Act.