Corporate Transparency Act (CTA) Filing Services
At O&G Tax and Accounting, we are committed to helping your business navigate the reporting requirements mandated by the Corporate Transparency Act (CTA), a key component of the Anti-Money Laundering Act of 2020. Our expert team is here to ensure that your foreign-owned LLC complies with these important regulations efficiently and accurately.
Who Needs to File: The CTA requires certain U.S. corporations, LLCs, and similar entities to report beneficial ownership information. This applies to both existing companies and newly formed entities, with specific deadlines based on the date of creation or registration.
Deadlines for Filing:
- Existing Companies: Entities created or registered before January 1, 2024, must file their beneficial ownership information report by January 1, 2025.
- New Companies: Entities created or registered on or after January 1, 2024, have 90 calendar days from the effective date of creation or registration to file their report.
Filing Requirements: The report requires specific details about each beneficial owner of the entity, including:
- Full Name
- Date of Birth
- Address (residential or business)
- Identification number and issuer from a valid document (U.S. driver’s license, U.S. or foreign passport, or other government-issued ID)
For the company itself, information such as the company’s name(s) and address is required. Entities formed on or after January 1, 2024, must also provide details about the individuals who formed the company.
Our Services: To streamline your compliance process, we offer comprehensive CTA filing services. Our fixed-rate package includes:
CTA Filing Assistance: $225
- Expert guidance through the filing requirements
- Assistance in compiling and verifying necessary ownership and company information
- Submission of your report to FinCEN in a timely and secure manner
- Confirmation of successful filing and compliance
Getting Started: To begin the CTA filing process with O&G Tax and Accounting, we need the following information from you:
- Entity name and address
- Date of entity formation or registration
- Details of beneficial owners (as outlined above)
- Any additional information required for entities formed on or after January 1, 2024
Resources and Support: We understand that compliance can be complex. Our team is here to provide you with the necessary resources and support to ensure a smooth filing process. For more information and guidance, visit our resource center at www.fincen.gov/boi.
Contact Us: Ready to ensure your compliance with the Corporate Transparency Act? Contact us today to schedule a consultation and begin your CTA filing process.
***Disclaimer: This communication is not intended as tax advice, and no tax accountant -client relationship results**