Insights 2024
The Corporate Transparency Act’s Beneficial Ownership Requirements: The New Cost of Fiscal Responsibility
The Corporate Transparency Act (CTA) establishes a new, first-of-its kind federal reporting regime that impacts tens of millions of companies doing business in the United States. With the CTA in effect since January 1, companies must comply with new reporting obligations or risk civil, even criminal, penalties. In this video, our CTA specialists explain key aspects of the groundbreaking law and what steps you need to take to adhere to its requirements. Check out our quick reference guide for a deeper dive.
Our CTA specialists include former FinCEN Deputy Director AnnaLou Tirol, one of the main architects of the CTA’s new requirements.
