Problem: The Corporate Transparency Act (Beneficial Ownership) was passed and signed into law as part of the National Defense Authorization...
Tag Archive: FinCEN
On July 20, Rep. Carolyn Maloney’s, efforts to include burdensome Beneficial Ownership reporting in the NDAA were successful - a devastating blow to millions of small businesses.
NSBA is urging all small-business owners to contact their lawmakers TODAY to stop this burdensome law.
Efforts continue on Capitol Hill to include the NSBA-opposed beneficial ownership reporting in the Senate and House versions of the NDAA
Efforts to monitor beneficial ownership, which could impose unreasonable regulations on certain small businesses, are making their way through the U.S. Treasury and Congress.