The Corporate Transparency Act is Here: What You Need to Know

What is the Corporate Transparency Act? The Corporate Transparency Act (โ€œCTAโ€) became effective January 1, 2024 and impacts domestic and foreign companies operating in the United States.  The CTA is a new regulation that requires certain business entities to report a beneficial ownerโ€™s identity to the U.S. Treasury Departmentโ€™s Financial Crimes Enforcement Network (โ€œFinCENโ€), if […]

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