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New for 2024: All Business Owners Are Required to Comply with the Corporate Transparency Act
JSB Group is prepared to help!
Effective January 1, the Corporate Transparency Act requires all business owners to file Beneficial Ownership Information (BOI) Reports with the Department of Treasury. Every existing corporation, LLC, or other entity registered with the Secretary of State (with some exceptions) must submit their initial reports by December 31, 2024. New entities established after January 1, 2024 must file BOI reports within 90 days of formation.
The new law aims to enhance the Department of Treasury’s ability to monitor and identify illicit activities, such as money laundering, drug trafficking, and funding for terrorist organizations. Failing to comply may result in severe penalties.
JSB Group is prepared to help business owners get and stay compliant with the Corporate Transparency Act. Contact Olga Ovnanyan today for help filing your business’ Beneficial Ownership Informational (BOI) Report.
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Corporate Transparency Act (CTA)
New for 2024: All Business Owners Are Required to Comply with the Corporate Transparency Act. READ MORE >
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2024 Tax Planning
Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax-saving strategies to maximize your after-tax income. READ MORE >
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