As of 2024, the CTA requires owners of LLCs, corporations, and other legal entities to file a FinCEN report with the U.S. Treasury.
Failure to report in a timely fashion can result in fines of $500/day.
Now that officials have had time to implement this new law, and make adjustments and changes, join us to find out how it all works.
Above is the replay of our Meeting Attorney Spence Stover to find learn
- Due dates for filing
- Who is exempt
- How your living trust could be impacted
- How to determine beneficial ownership of your legal entity
- Who qualifies as a beneficial owner of your legal entity
- How an irrevocable trust can be excluded from the CTA filing requirements
Click Here to get a download of the Power Point slides.
