Corporate Transparency Act: New Reporting Requirement for Small Businesses
November 27. 2023: Written by: Kent L. Schwarz, Esq. and Maria Matkou, Esq. Becker LLC Effective January 1, 2024, many small businesses must begin disclosing information about their owners, officers, and controlling persons to the Financial Crimes Enforcement Network (FinCEN) pursuant to the recently enacted Corporate Transparency Act (the “CTA”). While the rules are designed […]