Comprehensive Overview and FAQs About the Corporate Transparency Act

The Corporate Transparency Act (CTA) goes into effect on January 1st, 2024, which requires business entities in the United States to report identifying information about the entity and its beneficial owners to the Department of Treasury's Financial Crimes Enforcement Network (FinCEN). 

Download the Guide to Preparing for the Corporate Transparency Act to get a comprehensive overview of the information you need to know about the CTA, including:

• Businesses that must file under the CTA
• Exemptions from filing beneficial ownership information
• Determining beneficial owners and applicants
• Information to report to FinCEN
• Timeline, updates, and process for filing
• Limitations on the use of beneficial ownership information
• Penalties for noncompliance with the CTA