Unless you are an exempt entity, the new Corporate Transparency Act (CTA) will require you to disclose the beneficial owners of your company to the United States government. Businesses will not be required to do so, however, until the Department of Treasury issues regulations.
In this episode of More with McGlinchey, Douglas Charnas (Washington, DC) and Rudy Aguilar (Baton Rouge) discuss what the CTA requires, who is exempt, and what compliance will look like for companies and the attorneys and See more +
Unless you are an exempt entity, the new Corporate Transparency Act (CTA) will require you to disclose the beneficial owners of your company to the United States government. Businesses will not be required to do so, however, until the Department of Treasury issues regulations.
In this episode of More with McGlinchey, Douglas Charnas (Washington, DC) and Rudy Aguilar (Baton Rouge) discuss what the CTA requires, who is exempt, and what compliance will look like for companies and the attorneys and accountants who form them. See less -