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Corporate Transparency Act Business Formation

Smith Anderson

The Corporate Transparency Act - New Guidance on Reporting Obligations

Smith Anderson on

As discussed in our three prior client alerts, effective as of January 1, 2024, the Corporate Transparency Act (“CTA”) and rules issued thereunder by the Financial Crimes Enforcement Network (“FinCEN”) require most U.S....more

Holland & Knight LLP

The (Uncertain) Application of the Corporate Transparency Act to Tribal Entities

Holland & Knight LLP on

The Financial Crimes Enforcement Network (FinCEN), a unit of the U.S. Department of the Treasury (Treasury Department) charged with administering the Corporate Transparency Act (the CTA), on Aug. 1, 2024, held a Tribal...more

Winstead PC

CTA: Subject to Filing if in Existence January 1, 2024

Winstead PC on

FinCEN provided new guidance on July 8, 2024, regarding the CTA filing requirements of entities dissolved in 2024. If an entity was in existence prior to January 1, 2024, its CTA filing deadline is January 1, 2025....more

DarrowEverett LLP

Entrepreneurial Success Begins By Navigating Key Legal Lessons

DarrowEverett LLP on

As often as we hear of the success stories of entrepreneurs, we are not always as privy to the many behind-the-scenes challenges they face. We may hear even less about the legal framework guiding their entrepreneurial dreams....more

Winstead PC

Texas LLC Formation: 4 Privacy Considerations for Entrepreneurs

Winstead PC on

The first thing many founders/entrepreneurs think of when starting a new business is, “I need an LLC.” The establishment of a Limited Liability Company (LLC) in Texas can be a strategic maneuver for entrepreneurs and...more

Fox Rothschild LLP

New Mandatory Reporting for Vast Majority of Businesses Starts in January 2024

Fox Rothschild LLP on

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

McGlinchey Stafford

What Will the Corporate Transparency Act Mean for Your Business? [More with McGlinchey, Ep. 30]

McGlinchey Stafford on

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,...more

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