Corporate Transparency Act Brings New Reporting Requirements for Most Small Businesses
By Chaya Rosenbaum, Esq. The rules and guidelines of the Corporate Transparency Act, a federal law passed as part of the Anti-Money Laundering Act of 2020 (AML Act Title LXIV (Sections 6401-6403)), have been published and will take effect on January 1, 2024. The new...