Are you ready? The Corporate Transparency Act becomes effective January 1, 2024
The Corporate Transparency Act (CTA), enacted in 2021, was passed to enhance transparency in entity structures and ownership to combat money laundering, tax fraud, and other illicit activities.
Who does the Corporate Transparency Act affect?
Who needs to file?
Beneficial owners
Company applicants
When do reports need to be filed for the CTA?
The CTA's impact on tax and accounting professionals
Implementation and compliance challenges
Embracing the CTA
Learn more about the Corporate Transparency Act by reading the document linked below. Please contact our office for any questions or concerns you may have and we will be happy to assist you.