Chicago News

Chicago News

New Beneficial Ownership Reporting Requirements: What You Need to Know and How to Register

 The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) started accepting beneficial ownership information reports on January 1, 2024. This is part of the Corporate Transparency Act, enacted in 2021, which aims to curb illicit finance by requiring many companies to report information about the individuals who ultimately […]