12/03/2024
Are you aware of the Corporate Transparency Act (CTA)? This federal law, which went into effect in January 2024, requires certain businesses to disclose information about their owners and controllers to the U.S. Financial Crimes Enforcement Network (FinCEN), no later than December 31, 2024. Failure to comply with the CTA may cause you to incur steep fines of $500 per day or greater, beginning January 1, 2025.
Don’t know if you need to report information to FinCEN under the CTA? Simply, don’t know where to start? Contact Lawrence Law today!
Our dedicated and trusted team can help you determine if you need to file, provide guidance on what information to include in your filing, and complete your filings with FinCEN.
Time is running out to get your paperwork filed, so reach out to the team at Lawrence Law by December 16th for help! To inquire, please contact Yolanda Garza at [email protected] or 410-837-6995.