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What to Know About the Corporate Transparency Act

CFO Simplified

MARCH 7, 2024

Most businesses will be required to file an initial BOI Report. Willful failure to comply with these new reporting requirements can result in fines up to $10,000 and up to two years in prison.

Tax Planning 59
Tax Planning Compliance Restructuring Treasury 59
article thumbnail

What to Know About the Corporate Transparency Act

CFO Simplified

MARCH 7, 2024

Most businesses will be required to file an initial BOI Report. Willful failure to comply with these new reporting requirements can result in fines up to $10,000 and up to two years in prison.

Tax Planning 52
Tax Planning Compliance Restructuring Treasury 52
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