What the Corporate Transparency Act Means for Your Business
June 10, 2026
The Corporate Transparency Act requires most small businesses in the United States to file beneficial ownership information with FinCEN. Enforcement ramped up significantly in 2025 and 2026, with penalties reaching $500 per day for non-compliance.
Here is what you need to have documented, who qualifies for an exemption, and how to keep your filings current as ownership changes.