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Tag: BOI penalties

BOI Report Filing and Compliance

In order to control  businesses that may legitimize various criminal enterprises, including specifically, worldwide terrorism, several years ago Homeland Security was tasked with creating a national database for most businesses in the United States. As a result, the Corporate Transparency Act (CTA)  went into effect January 1, 2024. While there have been challenges to the CTA, the CTA, nevertheless, has […]