Five Steps for Businesses Trying to Comply with the Corporate Transparency Act
The new federal Corporate Transparency Act (CTA) is here, and it’s crucial for companies to understand its implications. Designed to combat money laundering and tax fraud, the CTA requires businesses to disclose their beneficial owners by January 1, 2025. If your company isn’t exempt, now is the time to prepare.
Unsure of where to start? Isaac Wiles has created an interactive portal to guide you through the filing process, and we can assist you in identifying beneficial owners and navigating reporting requirements.