The Corporate Transparency Act: What ALL Businesses Need to Know
Gammage & Burnham - 3rd Floor Conference Center 40 N. Central Ave, 3rd Floor Conference Center, Phoenix, AZ, United StatesEffective January 1, 2024, the CTA requires some 33+ million companies to report their beneficial ownership information to FinCEN. While this mostly affects previously unregulated businesses with less than 20 full-time employees, exempt companies should still know the CTA basics as their exempt status may change. Fines of $591/day may be assessed against individual business […]