In 2021, Congress passed the Corporate Transparency Act (CTA), forcing businesses to disclose ownership information when forming and operating. OMA Connections Partner Schneider Downs has published this summary, noting that any corporation, LLC, or other entity created by filing a document with a secretary of state office is subject to the CTA’s reporting requirements, but there are exceptions. 3/23/2023
Corporate Transparency Act’s Impact on Small Business
02/24/2023