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CTA Compliance

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What Is The Corporate Transparency Act (CTA)? 

As of January 1, 2024 The US Department Of Treasury Office of Financial Crimes Enforcement Network (FINCEN) placed into a law the new Corporate Transparency Act (CTA) which requires all business owners to file a Beneficial Owner Information Report (BOIR) with FINCEN www.fincen.gov. Businesses that do not comply will get an initial penalty of $1000, then $500 per day up to $10,000 and finally the possibility of up to 2 years in jail. Businesses that incorporated before Jan 1, 2024 have until Jan 1, 2025 to become compliant, businesses incorporated after Jan 1, 2024 have 90-days from the date their business was approved by the state to become compliant.

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FAQ & Fact Sheet

 

Registered Agent Services

Stay compliant and never miss important legal documents with our reliable registered agent services.

Get a commercial address for official notices and compliance assurance. Enjoy privacy, annual registration reminders, 1-hour free office space, and meeting minutes recording. 

Agent Services
 
 

Mailbox Services

Manage your business correspondence, including tax-related documents, with our secure and professional mailbox services.

Our mailbox services provide a commercial address, enhancing your business's professional identity, privacy, and legitimacy. Get a secure private mailbox today with a real street address, mail scanning options and package receipt.

Mailbox Services
100's Happy Clients

100's

Happy Clients

100+ Tutorials This is Why - Kinite Ledbetter

100+

Tutorials

Financial Planning This is Why - Kinite Ledbetter

Tax
Planning & Prep

Live Community Calls - This is Why - Kinite Ledbetter

Live Community
Calls

Why do you need business formation services?

  • Legal Structure Selection: Choosing the right legal structure (such as LLC, corporation, or partnership) is crucial for liability protection, tax efficiency, and operational flexibility.
  • Compliance Requirements: Each legal structure comes with its own set of compliance obligations, such as registration with state authorities, obtaining necessary licenses and permits, and filing annual reports.
  • Asset Protection: Proper business formation can shield personal assets from business liabilities, protecting the owner's finances in case of lawsuits or business debts.
  • Professional Guidance: Starting a business involves complex legal and administrative processes. Business formation services provide expert guidance throughout the setup process, offering insights into best practices, potential pitfalls, and strategies for long-term success
  • 1-Month FREE Business Support: all business formation services come with 1-month FREE 3M Membership. This is a $150 savings. The membership will be automatically charged to the card on file 30-days from date of purchase. Cancellation is accepted via our regular cancellation policy.
I'm Ready

Hi, I’m Kinite👋

I believe that if someone has a strong enough why, I can help them do the what! Whatever it takes. Most professionals in the accounting space only focus on numbers, my focus is on people and their purpose which ultimately produces paper (money) I am burdened to teach people how to live a tax free life so they can repurpose their hard earned money and and build wealth by investing in income producing assets, retire early and leave a legacy

The burden of the country’s tax liability falls on the middle class while the wealthy and poor pay little to no taxes. It creates resentment towards the wealthy but rather than being bitter, you can be better and learn the same game the wealthy play to keep their hard earned money !!

ABOUT ME

Business Formation Services

We turn ideas in to businesses, then turn businesses into PURPOSE DRIVEN PROSPERITY!

FOR PROFIT

From $400- $2,135 (USD)

State Fees Are Included

  • Includes everything necessary to form a corporation in DC, Maryland, Virginia (DMV), DE or WY. 
  • Name Search – we will check to see if your desired name is available with the state, if it isn’t, we’ll help you determine another name that clears and captures your business identity.
  • Trade Name Registration – we register your name with the state, now you own it (if applicable).
  • Prepare and File Articles of Organization/Incorporation – we will complete all the necessary paperwork to create a new corporation and submit the documents to the state for processing on your behalf.
  • Personalized Initial Meeting Minutes – we will prepare personalized organizational minutes so that you can properly organize your new corporation (including stock ledgers and certificates if applicable).
  • EIN Set-Up – we file the application with IRS to obtain your business numerical identity.
  • Personalized Corporate Bylaws or Operating Agreement – we prepare these most important business governing documents for you.
  • Obtain your Dun & Bradstreet Number so that you can begin to build business credit.
  • Assist with the opening of your business bank account.
SELECT YOUR STATE

Mailbox Services

$30* (USD) per month
  • Our mailbox services provide your business with a commercial address that adds professional identity, privacy, and legitimacy to your business, get YOURS TODAY!!
  • A secure private mailbox at our office that only you and our staff have access to
  • A real street address, NOT a P.O. Box which cannot be used when seeking business credit or incorporating in certain states (E.g Maryland)
  • Option to have your mail opened and scanned to you via email
  • Safe receipt of packages and sign off so you never miss a package delivery
  • Use mailbox for up to 3 separate businesses
  • *Plus a 1-time fee of $100 which include set up and state selection and change fees. If you are a 3M Member, your set-up fee will be refunded after 3-months of membership.

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CTA Compliance

$375 (USD)

CTA Compliance is mandatory for all businesses that are registered with a state agency

To help you navigate this new requirement, we offer a comprehensive service that includes filing an initial, corrected, or updated BOIR report on behalf of one business. Please note that this offer does not cover filing for all of a client’s businesses; each additional business will require a separate payment.

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Registered Agent

$100* (USD) per year

Having a registered agent is mandatory in many states, get YOURS TODAY!

  • Use of a commercial address for your official notices and/or service processes, forms etc.
  • Notice of annual corporate registrations** – every business receive these important documents from the state annually. If you miss them, you will be FINED! If you don’t file them, you will be FINED! And run the risk of your business no longer being active
  • Compliance assurance
  • Extra layer of privacy between you and your business
  • If you would like to change your existing Registered Agent(s) we can do that as well! As of now, we offer Registered Agent services in both Maryland and Virginia.
  • *Plus a 1-time fee of $160 which includes set up and state selection and change fees. **Clients may already work with an accountant to file their annual reports and fees, however we do offer this service. Client's only need to provide us notice by January 31st. 
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501c3 NON-PROFIT PLUS

$2,361 (USD)

State and Federal Fees Are Included

  • Everything in basic
  • (Great for non-profits that have NOT already incorporated at the state level and obtained their EIN.)

  • Develop Articles of Incorporation and Bylaws and file with state (client pays for state amendment fees if necessary)

  • Obtain EIN

  • Set-Up Dun & Bradstreet

  • Complete State Charitable Solicitation Applications (client pays state fees)

  • FREE Initial business development consultation, oversight of first board meeting and recording of initial meeting minutes

  • Assist with opening business bank account

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501c3 NON-PROFIT BASIC

$1,660 (USD)

Federal Fees Are Included

  • (Great for non-profits that already incorporated at the state level and obtained their EIN.)
  • 501c3 paperwork completion and submission (IRS Form 1023) 

  • Review existing Articles of Incorporation and Bylaws for accuracy and compliance, make changes if necessary and file amendment (client pays for state amendment fees if necessary.)

  • FREE Initial business development consultation, oversight of first board meeting and recording of initial meeting minutes

  • Develop IRSA approved conflict of interest policy or review current policy for compliance. 

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Here are some FAQ’s that I get asked a lot about Mailbox Services:

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