Compliance tips for federal reporting requirements [Video]

Startups formed this year are now subject to the federal Corporate Transparency Act, which requires an estimated 30 million companies, regardless of formation date, to disclose up-to-date information and documentation about ownership to the Financial Crimes Enforcement Network. Fintech attorneys Ben Straughan and Steve Merrimen review the new reporting requirements and offer guidance for early-stage entrepreneurs and their companies as they work to comply.