February 23, 2024

Quick Answer #5 – What is the Corporate Transparency Act?

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Quick Answer Congress passed the Corporate Transparency Act (CTA) in 2020 as a part of the Anti-Money Laundering Act. Business owners need to be aware that a section of the CTA went into effect on January 1, 2024 that will impact most small business entities. Beneficial ownership information must be filed by small business entities… [Continue]

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