Corporate Transparency Act
Will you be impacted by the Corporate Transparency Act?
Companies subject to the CTA must file Beneficial Ownership Information with the U.S. Department of Treasury. If you fail to comply, your business may be subject to penalties and fines. By partnering with Wagner, Falconer & Judd you can rest easy that your information will be securely and compliantly filed.
Who Has to File?
- Corporations
- Limited Liability Companies
- Similar entities that file with a Secretary of State or similar state office
Companies with more than 20 employees AND reported more than $5 million gross revenue the previous year are exempt from filing. Not sure if you are exempt? Take our quick and easy survey to determine if you are required to file.
Filing Requirements
A reporting company created before January 1, 2024, must file its BOI report by January 1, 2025.
A reporting company created on or after January 1, 2024 but before January 1, 2025, must file its BOI report within 90 days of creation.
A reporting company created on or after January 1, 2025, must file its BOI report within 30 days of creation.
Compliance in 3 Easy Steps
- Determine eligibility with a quick online survey
- Provide your business information to WFJ for review
- Review final paperwork and business information for submission
Let Wagner, Falconer & Judd handle the rest. Get started with our quick & easy survey to determine whether you need to file today!