The Corporate Transparency Act and the Responsibility of Business Owners
By Florentino A. Ramirez and Matthew T. Ramirez and John HendersonBy now, sales representatives operating through their business entities have heard of the Corporate Transparency Act and its compliance requirements. For many business owners, the deadlines for submitting the required reports under the Act are fast approaching. So, what is the Corporate Transparency Act and how does it impact the sales representatives operating through their own corporations, limited liability companies and other similar business organizations? This article will examine the Corporate Transparency Act and its compliance requirements and timelines.
The Corporate Transparency Act
The Corporate Transparency Act (“CTA”), effective as of January 1, 2024, provides law enforcement … Read the rest