Worried about the new FINCEN reporting requirement?
Starting this year, nearly ALL small businesses have to file with FINCEN.
The NSBA estimated that this requirement could cost businesses up to $8,000! US Merchant Payment Solutions has teamed up with Probity Advisory to bring an inexpensive, stress-free service to help small businesses stay compliant and avoid fines and penalties. Pay as little as $499 to have Probity Advisory manage this for you.
Let us keep you compliant!
Not sure what to do about the new FINCEN reporting requirement? Stop worrying and let Probity handle it!
What is the new FINCEN filing requirement?
Enacted in 2021, the Corporate Transparency Act ("CTA") created a new reporting rule for small businesses. CTA's purpose is to provide law enforcement with business ownership data in order to detect, prevent and punish terrorism, money laundering and other misconduct through business entities.
The rules for which companies have to file these reports is broad and the exemptions are poorly described. Moreover, the government's portal for filing is needlessly onerous. You could spend hours reviewing the rules, getting all of the required information together, and waiting on a government portal to get everything filed, or you can let us worry about it.
Less stress.
We gather all the info, prep the forms and submit them. All you have to do is verify the info is correct and...relax.
Don't wait until the last minute.
We get it, you're busy. But don't wait too long. Over 8 million businesses will need to file and the penalties for not filing include fines and prison time.