Compliance made simple. We handle everything from federal reports to state renewals, ensuring your business stays protected and in good standing, so you can focus on what matters most—growing your business.
We track and file your required beneficial owner reports to FinCEN per the 2024 Corporate Transparency Act.
We rack and file your state’s company renewal requirements.
Prepare and maintain company minutes to ensure your company and further your asset protection.
Secure the online portal of your company documents.
These are records of the company’s significant operations and changes during the year. Corporations are required by statute to have records of their business operations. LLC’s should have them in order to ensure asset protection and to avoid the piercing of The Corporate Veil. Keeping an organized binder for the entity with a copy of the renewal and annual minutes will give confidence and organization if the entity is ever involved with any legal matters.
For over 10 years, our team has ensured entity files are updated and renewed with any of the 50 states’ requirements per its Secretary of State. We understand the importance of “good standing” with the State and now the Federal Government. Additionally, we manage documentation and changes in your company’s annual minutes. We are always up to date on the latest requirements for your business upkeep, providing peace of mind for you to get back to your business. Stay educated in our Learning Center on best practices and resources.
Entities who don’t comply properly with the Corporate Transparency Act 2024 filing and updates in perpetuity are at risk of fines of $500 a day or $10,000 and 2 years of imprisonment per Federal Law.
The CTA was passed by Congress in 2021 to enhance transparency in entity structures and ownership to combat money laundering, tax fraud, and other illicit activities. The CTA requires all “reporting companies” to disclose certain ownership information to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) beginning January 1st, 2024. “Reporting companies” are entities formed or registered to do business in the United States by the filing of a document with the Secretary of State or similar office (e.g. corporations, LLCs, LLPs). There are approximately 43 million LLCs that will need to be reported in 2024.
