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Charitable Trusts Nonprofits Beneficial Owner

Dickinson Wright

Nonprofit Organizations and the Corporate Transparency Act

Dickinson Wright on

Effective as of January 1, 2024, the Corporate Transparency Act (“CTA”) requires most corporations, limited liability companies, and other registered entities to report Beneficial Ownership Information (“BOI”) to the U.S....more

Clark Hill PLC

The Corporate Transparency Act's Impact On Charities and Tax-Exempt Entities

Clark Hill PLC on

The Corporate Transparency Act (the “CTA”) became effective on Jan. 1. The CTA’s goal is to reduce money laundering and other financial crimes by requiring the reporting of ownership and control information of businesses...more

Fox Rothschild LLP

The Corporate Transparency Act’s Effects on Nonprofits

Fox Rothschild LLP on

The Corporate Transparency Act (CTA), a new federal financial reporting law that will take effect on Jan. 1, 2024, is a hot topic in the corporate world these days. However, nonprofits also need to be aware of the law, which...more

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