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Find Out If Your Business Needs to Report to FinCen in 2024.

In Business Tips by Larry DonahueLeave a Comment

BLSW has the technology to give you a definite answer, for free, in minutes. The Corporate Transparency Act, or CTA, went into effect on January 1st, 2024.  It requires “beneficial owners” of “new” (formed on 1/1/2024 or after) “small businesses” (less than 500 employees and US-revenue under $5M) to report the personal information to the Financial Crimes Enforcement Division of …

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Free Webinar To Learn About the New Law That Will Effect Small Businesses in 2024.

In Business Tips by Kristy DonahueLeave a Comment

The Corporate Transparency Act goes into effect on January 1, 2024. The new law requires “beneficial owners” of businesses to report their information to FinCEN. Failure to do so in a timely manner is punishable by daily fines and possible jail time. Business Law Southwest Attorney Larry Donahue will be hosting this webinar in conjunction with Albuquerque SCORE. About the …