Corporate Transparency Act 2024 Filing. A new federal law, the corporate transparency act (“cta”), took effect on january 1, 2024, imposing a new filing requirement on many business entities with the goal of addressing concerns about illicit activity by the use of such entities. Fincen began accepting reports on january 1, 2024.
With the january 1, 2025 filing deadline fast approaching and over 32 million entities expected to be impacted by the cta, we recommend taking the steps to prepare and file boi reports for your. Go to the help section in the blue banner to find filing instructions and other guidance materials.