2023-09-25 FinCEN Issues Guide for Small Business CTA BOI Reporting

This week we look at: FinCEN provides guide to small businesses for beneficial ownership reporting under the Corporate Transparency Act Taxpayer cannot rely on the mailbox rule to prove timely mailing/filing of tax return, as §7502 is the sole way of proving timely postmark and get presumption of delivery Impact of receipt of a CP2100/2100A notice on backup withholding