The Journal Record – Gavel to Gavel: New responsibilities under Corporate Transparency Act by Tom Vincent and Bailey Barnes
The Financial Crimes Enforcement Network released final reporting rules last year under the Corporate Transparency Act. At present, any Reporting Company formed on or after Jan. 1, 2024, will have 30 days to submit an initial report, while one in existence before Jan. 1, 2024, will have until Jan. 1, 2025, to submit an initial report.