Corporate Transparency Act Triggers New Federal Filing Requirement for Most Small and Medium Companies.
The federal Corporate Transparency Act (“CTA”), enacted by Congress on January 1, 2021, established new ownership disclosure and reporting requirements for most small and medium sized U.S. companies (“Reporting Companies”), including both existing and newly created companies. The deadline for filing the required report is January 1, 2025, but companies should not wait to review...… Continue Reading