Under the Corporate Transparency Act, reporting entities formed before January 1 of this year must file their beneficial ownership information reports with the Financial Crimes Enforcement Network (aka the FinCEN). As this deadline nears, I have...
FinCEN's Nearly $7 Billion Tax On Small Businesses (Mostly)
Posted on November 26, 2024
Is The FinCEN Laying The Foundation For The G.O.A.T. Data Breach?
Posted on November 25, 2024
On May 29, 1453 the walls of Constantinople had stood unbreached for more than a thousand years. Yet on that day, the army of Sultan Mehmed II was able to force entry into the city through the Gate of St. Romanus. The Byzantine Emperor Constantine...
The Corporate Transparency Act - A Nightmare From Which Small Businesses Are Trying To Awake?
Posted on January 10, 2024
As the new year begins, businesses of all sizes will have to contend with the federal Corporate Transparency Act. The CTA is part of the 1,482 page William M. (Mac) Thornberry National Defense Authorization Act For Fiscal Year 2021 which Congress...