Posts
NEW COMPLIANCE REQUIREMENT FOR SMALL BUSINESS OWNERS WHAT YOU NEED TO KNOW STARTING JANUARY 1, 2024January 10, 2024
Introduction
Effective January 1, 2024, the Corporate Transparency Act ("CTA") now imposes reporting requirements on most small business entities (corporations, limited liability companies, certain partnerships, etc.), which will require an…
The Corporate Transparency Act and its Effect on Small BusinessesAugust 18, 2021
On January 1, 2021, the Corporate Transparency Act (the “CTA”) was enacted as a part of the National Defense Authorization Act. As a result, certain U.S. business entities will soon be required to file a report with the U.S. Treasury Department’s…