Title LXIV of the Anti-Money Laundering Act, better known as the Corporate Transparency Act (or “CTA”), was passed by Congress in 2021, and went into effect on January 1st, 2024....
Every business operates under a specific set of rules and regulations that govern its operations. The time may come where a business owners must remove one or more other owners...
When running a business, ownership changes are inevitable as things change over time. Be it retirement, a new opportunity or otherwise, ownership change will confront a business at some point....
Changing the ownership structure of a business is no small feat. It can be a daunting task for any entrepreneur or businessowner. However, it is one that is sometimes necessary....
In January of 2024 FinCEN will require businesses to report beneficial ownership, as outlined in the Corporate Transparency Act. The legislation includes the term ” Reporting Company Applicant.” But what...
Recently, the United States congress passed the Corporate Transparency Act. This act requires U.S. corporations and limited liability companies (LLCs) to disclose their beneficial owners. This legislation will go into...