—
According to a recent report from CSC Global, numerous businesses are anxious about their standing with the new U.S. federal Corporate Transparency Act (CTA). Acknowledging that the process can be overwhelming, especially for smaller companies, CTA Compliance Help, LLC is now providing support to help Boise-based businesses, as well as others across the region, file their CTA reports successfully.
For further information, visit: https://ctacompliancehelp.org/home?am_id=bob588
The CTA was enacted to combat financial crimes such as money laundering by requiring businesses to report key ownership and control data to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. Non-compliance carries the risk of severe penalties, including hefty fines and federal legal action.
CTA Compliance Help, LLC exists to assist businesses in navigating these complex regulations to become and remain compliant without unnecessary stress.
“We are not a law firm, but we pride ourselves on offering an affordable and accessible service that takes the guesswork out of CTA compliance,” a representative from the company said.
A BusinessWire release from CSC Global notes that 83% of companies surveyed expressed concern over whether they were properly aligned with the CTA, with just 1% showing no concern. Although the compliance law has been effective since January 1, 2024, a significant portion of businesses remain uninformed or unclear, with only 45% aware of their reporting duties and just 39% recalling the required deadlines.
Business owners who are uncertain about their obligations under the CTA can use a no-obligation quiz available on the CTA Compliance Help, LLC website to determine if the act affects them.
CTA Compliance Help, LLC offers three levels of service — standard, expedited, and immediate — to accommodate varying needs. Each package includes a comprehensive compliance review and direct support from the company’s U.S.-based team, available by phone or email.
"Non-compliance is a ticking time bomb for business owners. Our mission is to ensure businesses meet compliance requirements and avoid severe penalties," said the company spokesperson.
About CTA Compliance Help, LLC:
CTA Compliance Help, LLC was founded by attorney Curry Andrews, an expert in corporate compliance, and is headquartered in Idaho with an additional office in Utah. As the need for compliance services has grown, the company has expanded its offerings nationwide.
To find out more, visit: 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/
Release ID: 89140599