A DBA is a document that an entity files within a jurisdiction in which they conduct business when they are “doing business as” or under a name that is different from its incorporating name. A DBA is also known as a “trade name” or a “fictitious name.” Typically, entities must file and maintain DBAs in all jurisdictions in which they do business. And it’s worth noting that every jurisdiction has its own DBA rules, fees and deadlines.
Understanding the Corporate Transparency Act
On September 29, 2022, the Financial Crimes Enforcement Network (FinCEN) announced its final guidelines for the reporting requirements related to the Corporate Transparency Act. Here’s a quick breakdown of the act, the reporting requirements, who has to file, what must be reported and more.