Corporate Transparency Act Imposes New Small Business Reporting Requirements for 2024 from Austin Business Planning Attorney John Glode

CTA

The new year rang in more than holiday cheer for small business owners who will now have one more item on their compliance to-do list.  The Corporate Transparency Act (CTA),[1] enacted as part of the Anti-Money Laundering Act of 2020, places new reporting requirements on many business entities.  The law seeks to expose illegal activities, […]

CTA Imposes New Small Business Reporting Requirements for 2024 from Austin Business Planning Attorney John Glode

CTA

Small business owners will have one more item on their compliance to-do list when the Corporate Transparency Act (CTA) takes effect next year. The CTA,[1] enacted as part of the Anti-Money Laundering Act of 2020 (AMLA), places new reporting requirements on many business entities in an effort to expose illegal activities, including the use of shell […]