Have you or your professional advisers evaluated whether any entities you own, manage, or control are subject to the beneficial ownership reporting requirements of the Corporate Transparency Act (CTA)? If you've done so and...more
9/17/2024
/ Beneficial Owner ,
CEOs ,
CFOs ,
Compliance ,
COOs ,
Corporate Dissolution ,
Corporate Transparency Act ,
Exemptions ,
Filing Deadlines ,
FinCEN ,
Reporting Requirements ,
Taxpayer Identification Number
A federal judge in the U.S. District Court for the Northern District of Alabama recently ruled the Corporate Transparency Act (CTA) is unconstitutional. In an opinion issued March 1, 2024, Judge Liles Burke stated that it...more
In less than two weeks, on January 1, 2024, the Corporate Transparency Act (CTA) will become effective. This new law is one of the most wide-reaching and disruptive pieces of legislation affecting businesses that has been...more
12/19/2023
/ Anti-Money Laundering ,
Beneficial Owner ,
Business Formation ,
CEOs ,
Civil Monetary Penalty ,
Corporate Transparency Act ,
Financial Crimes ,
FinCEN ,
Publicly-Traded Companies ,
Registration ,
Reporting Requirements
Scammers have seized on the Corporate Transparency Act (CTA) as the vehicle for their latest ploy to collect personal information and use it for nefarious purposes.
The Better Business Bureau recently alerted the public to...more