BOI Reporting Back in Effect – Latest Developments with the Corporate Transparency Act

We wanted to provide you with recent updates on the Corporate Transparency Act (“CTA”).  Under the CTA, FinCEN (the “Financial Crimes Enforcement Network of the U.S. Treasury”) is required to develop a nationwide database of private company “beneficial owners.” The CTA requires most small companies in the U.S. to file beneficial ownership information (“BOI”) reports […]