Many businesses are still not in compliance with the Corporate Transparency Act. CTA Compliance Help, LLC has announced its readiness to assist Small and Medium Businesses (SMBs) in Denver and surrounding areas.
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New research from CSC Global reveals that a majority of businesses are worried about their compliance with the Corporate Transparency Act (CTA). Understanding that the new law can be overwhelming, especially for SMBs, CTA Compliance Help, LLC now offers filing assistance to Denver area businesses, and those throughout Colorado.
To learn more, please visit: https://ctacompliancehelp.org/home?am_id=bob588
The CTA was created in an effort to prevent money laundering and financial crimes by requiring the reporting of information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). This information includes ownership identification and others with control within a company. Failure to comply with these regulations will result in severe consequences to a business and its owners and officers in terms of federal penalties, daily fees, and potential prosecution. CTA Compliance Help, LLC was created to enable small and medium businesses to get compliant directly and easily.
"We are not a law firm, but we believe it is fundamentally important to provide a service that is straightforward and cost-effective enough that our customers don't waste any time wading through the regulatory manual and the Act itself to comply with these regulations," a company spokesperson said.
According to a CSC Global press release from BusinessWire, 83% of surveyed businesses are concerned about if they're fully compliant with the CTA. In contrast, only 1% were not worried at all about the CTA. While the law requiring compliance has been in effect since January 1st, 2024, there is still much confusion and unawareness with only 45% saying that they know about reporting requirements and only 39% able to recall the reporting deadlines.
Business owners who are uncertain about whether or not the CTA applies to them can take a no-obligation online quiz on CTA Compliance Help, LLC's website to find out if the act applies
CTA Compliance Help, LLC offers its filing assistance in three tiers, with standard, rush, or immediate delivery available. All options include a compliance check and email or phone support from one of the trained U.S. team members.
"Non-compliance is a nightmare waiting to happen! Our goal is to help small business owners become compliant and avoid losing their company due to fees and federal prosecution," the company spokesperson said.
About CTA Compliance Help, LLC
Attorney Curry Andrews founded the Idaho-based company. The company also has an office in Utah but has expanded its service area to the whole nation after realizing the massive demand for CTA filing assistance.
Interested parties can find additional details at: https://ctacompliancehelp.org/home?am_id=bob588
Contact Info:
Name: Curry Andrews
Email: Send Email
Organization: CTA Compliance Help LLC
Address: P.O. Box 166, American Falls, ID 83211-0166, United States
Website: https://ctacompliancehelp.org/
Source: PressCable
Release ID: 89138686
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