UPDATE: Corporate Transparency Act Back on as Potential Changes Loom
Compliance with the Corporate Transparency Act (the “CTA”) is no longer voluntary. Businesses subject to the CTA, which includes the majority of entities formed or registered to do business in the United States, will have until March 21, 2025, to file their beneficial ownership information reports with the U.S. Treasury Financial Crimes Enforcement Network (“FinCEN”).
by
Edward H. Burrell III,
William M. Joseph (Bill),
Rachel Owsley ,
Walter S. Robertson ,
and Alison M. Zeitlin
February 20, 2025
