04/12/2023
Read the Blog: The Corporate Transparency Act: What You Need to Know
The Corporate Transparency Act of 2022 (“CTA”) was enacted on January 1, 2021. Congress enacted the CTA to expand anti-money laundering laws and to protect against corporate corruption and fraud. The biggest impact the CTA will have on current and future business owners is the new reporting requirements. Beginning on January 1, 2024, certain business entities will be required to report information regarding their entity and key individuals to the Department of Treasury.
Read More.... https://www.cozzalaw.com/the-corporate-transparency-act-what-you-need-to-know