The Corporate Transparency Act – What You Need to Know

By Colorado Cattlewomen | May 14, 2024

If you own or plan to form an LLC, corporation, or similar business entity, you should be aware of the Corporate Transparency Act and its reporting requirements to avoid significant penalties. What is the Corporate Transparency Act?  The Corporate Transparency Act (CTA)[1], effective Jan. 1, 2024, was enacted to combat money laundering, tax evasion and…

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