In January, we posted an article of the Corporate Transparency Act (CTA), which had just gone into effect. Since then, more has been learned and we now know that this legislation affects most every closely-held business that qualifies as a “Reporting Entity”. We also know that those who ignore the requirements could face fines or […]
From the U.S. Chamber of Commerce Corporate Transparency Act: What You Need to Know By Miranda Fraraccio The Corporate Transparency Act, which goes into effect in January 2024, may require your small business to report information about ownership to the government. The Corporate Transparency Act (CTA) is going into effect on January 1, 2024, impacting […]