Corporate Transparency Act
The Corporate Transparency Act (CTA) is a pivotal legislation designed to enhance corporate accountability by mandating that corporations and LLCs disclose their beneficial owners to the federal government. The CTA is a significant step towards combating illicit activities and encouraging a more transparent business environment in the U.S. Explore more about this new law and its impact on your business.
RECENT ARTICLES
Starting an LLC or Corporation? Decoding FinCEN's New Corporate Transparency Act (CTA) Compliance Guide
September 19, 2023 04:09 pm by Zach Javdan
In the ever-evolving landscape of business regulations, staying informed is not just a matter of compliance—it’s a strategic necessity. For entrepreneurs and businesses venturing into the realms of LLCs and...
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Why Corporations & LLCs Must Prepare for the Corporate Transparency Act Now
September 12, 2023 07:09 pm by LawInc Staff
The Corporate Transparency Act (CTA) represents a significant shift in the business regulatory landscape, designed to bolster transparency and counteract money laundering, terrorism financing, and other illicit financial activities. As...
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Navigating the Corporate Transparency Act (CTA): 5 Key Points
May 15, 2023 04:05 pm by LawInc Staff
The Corporate Transparency Act (CTA) has been a hot topic of discussion since it was enacted in 2021. The objective of the CTA is to curb illegal activities like money...
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Corporate Transparency Act: Historic New Corporation & LLC Law
January 18, 2023 01:01 am by Zach Javdan
In what is considered a historic legislative change, the Corporate Transparency Act (CTA) requires almost all new and existing corporations and LLCs to disclose ownership information directly to the U.S....
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California S Corporation: Dangerous Formation Mistakes
January 10, 2023 07:01 pm by LawInc Staff
California S corporations offer great benefits like limited liability protection and tax savings. Unfortunately, many S corporation owners often miss critical steps during the incorporation process which can lead to...
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Corporate Transparency Act (CTA): How to Prepare
January 09, 2023 03:01 pm by LawInc Staff
Are you ready for the Corporate Transparency (CTA)? The CTA is a new law going into effect on January 1, 2024. The CTA applies to millions of corporations and LLCs...
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Treasury Issues Historic Business Ownership Reporting Rules Impacting Millions
December 08, 2021 11:12 pm by Zach Javdan
Today, the U.S. Treasury Department’s crimefighting division, the Financial Crimes Enforcement Network (FinCEN), published a notice of proposed rulemaking (NPRM) concerning the Corporate Transparency Act (CTA), which is intended to...
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