Corporate Transparency Act 2024 Requirements For Companies. Most small companies will have new reporting requirements with respect to certain. Fincen began accepting reports on january 1, 2024.
Reporting companies that meet the above two requirements will have an additional 6 months from the date their boi report was originally due to file their boi report. As the first day to submit beneficial ownership reports approaches (january 1, 2024), companies should prepare for how they will handle the act: