Beginning January 1, 2024, a new law went into effect that will impact over 30 million entities in 2024. The Corporate Transparency Act (CTA) created a new reporting requirement. Most entities, including single member LLCs, must file online reports with the federal government and disclose information about the “beneficial owners” of the entities. Existing entities… Continue reading Small Entities Must File New Beneficial Ownership Information Reports in 2024
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