What Every Small Business Needs to Know About the Corporate Transparency Act
Presented by: Attorneys Matt Lapointe and Michael Huckle, Blalock Walters, P.A.
The Corporate Transparency Act, which went into effect January 1, 2024 and impacts millions of small businesses across the U.S., may require your small business to report to the government information about ownership of your business.
Key Takeaways:
What is the Corporate Transparency Act?
Understand the intricacies of this act and its potential impact for your small business
Who is considered a beneficial owner of a company?
What information must be reported?
What is the timeline to report?
Where can business owners get help?
This new Act will affect the majority of businesses in the US. Avoid penalties, fines, and additional paperwork by ensuring you're set up correctly from the start!