Corporate Transparency Act 2024 Statute. The corporate transparency act (cta) plays a vital role in protecting the u.s. As the first day to submit beneficial ownership reports approaches (january 1, 2024), companies should prepare for how they will handle the act:

New legislation went into effect on january 1, 2024, that requires certain corporations, limited liability companies (llcs), and other similar entities (“reporting company (ies)”) to disclose. The corporate transparency act (cta) plays a vital role in protecting the u.s.