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The CTA, BOI and FinCEN: What Does th...
Friday, December 06, 2024
The CTA, BOI and FinCEN: What Does this Mean for Morgan Hill, CA Businesses?

The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN, potentially aiding in the prevention of financial crimes. As of today, 12/05/2024, Morgan Hill, CA business owners have 26 calendar days(or 19 business days) left to file their Beneficial Ownership Information (BOI) report with FinCEN. 1. Determine if Your Business Must File. A “reporting company” is any small business, corporation, or LLC that is registered with the state, unless

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