Danger LLC, Danger! BOI Reporting.

If your reporting company has not complied yet, time may be running out.  Most LLCs and many other entities (“reporting companies”) have a relatively new federal government filing requirement. The reporting started on January 1, 2024. The reporting is required under the Corporate Transparency Act (CTA) which is now federal law. Most reporting companies are [...]

By |2024-11-05T21:55:38+00:00November 5th, 2024|Governments, MTEA News|0 Comments

More fun with LLCs: The Corporate Transparency Act

Yay! More laws, just what we all wanted. The purpose of the Corporate Transparency Act (CTA) is to reduce terrorist financing, money laundering, and other illegal activities. Like most of you I am 100% confident that it will be effective in stopping those things. The CTA was signed into law in 2020 and goes into [...]

By |2023-09-12T23:05:34+00:00September 12th, 2023|Business Taxes, MTEA News, Tax News, Taxes|0 Comments
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