December, 2023 | Silberman Law Firm, PLLC

What to Know About the Corporate Transparency Act

Enacted in 2021, the Corporate Transparency Act goes into effect January 1, 2024. The purpose of the Corporate Transparency Act (CTA) is to address issues surrounding anonymous shell companies with the overall aim of fostering transparency and accountability. This act imposes new reporting responsibilities on businesses large and small, so it is important business owners […]

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