Wolters Kluwer Introduces BizFilings Podcast Series for Businesses Navigating U.S. Corporate Transparency Act Reporting Rule
New resources focus on small business owner needs in complying with beneficial ownership filing requirements
“Each year, small business owners, including those operating limited liability companies or corporations, must see to a number of year-end compliance tasks. In 2024, many owners will also need to prepare a beneficial ownership information report to submit to the
Podcast topics range from a “Corporate Transparency Act 101” overview and another focusing on key compliance tips, to a presentation devoted to special considerations for business owners seeking guidance for LLC and corporation reporting. The series also includes a podcast devoted to the New York LLC Transparency Act, a state law modeled in part after the federal CTA that goes into effect in 2026 and will have an annual filing requirement.
Consequences for non-compliance with the Corporate Transparency Act are considerable, including the potential for civil penalties of up to
Wolters Kluwer’s BizFilings Beneficial Ownership Information Report is being used by small businesses to understand basic reporting requirements, file with confidence, and avoid penalties for non-compliance, leveraging the company’s expertise as a trusted provider that has been serving businesses for nearly 200 years.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240913415077/en/
Associate Director,
Financial & Corporate Compliance
Office +1 612-246-9454
david.feider@wolterskluwer.com
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