An important notice to
all readers of the Tax Reduction Letter!
You are about to face a massive new FinCen filing requirement
To get my complete article
with all the details…
Here’s the story.
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued proposed regulations explaining how it intends to implement the Corporate Transparency Act (CTA).
The CTA is a law enacted in 2021 that requires smaller businesses to disclose “beneficial-owner” information to the federal government.
What’s the Corporate Transparency Act all about?
The CTA is part of a major government effort to crack down on corruption, money laundering, terrorist financing, tax fraud, and other illicit activity.
The bottom line.
You will need to file reports with the federal government. Stay out of trouble. Avoid big penalties. Make sure you know what needs to filed and when.
CLICK HERE to get my complete article…
You are about to face a massive new
FinCen filing requirement