IS YOUR COMPANY READY FOR THE CORPORATE TRANSPARENCY ACT?

By Douglas W. Clayton The U.S. Treasury Department’s Financial Crimes Enforcement Network’s (FinCEN) rules implementing the Corporate Transparency Act (CTA) take effect January 1, 2024. The CTA is a dramatic financial disclosure law that will impact virtually every company formed in the United States. The goal of the CTA is to permit Uncle Sam and …

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