Corporate Transparency Act (CTA) is Off-Again
MCACA2025-01-09T01:08:09-08:00ALERT! Corporate Transparency Act (CTA) is Off-Again: Update as of January 7, 2025 As reported in the MCAC 4Q 2024 newsletter Issues on the Radar 2024: Year End Report, this issue remains a moving target with updates, literally, coming in days apart. Key takeaways: CTA applies to businesses with fewer than 20 employees and less than $5 million in annual revenue including corporations, limited liability companies, and any other entities created by the filing of a document with a secretary of state or any similar office in the United States. (Tip: Take an exemption test in the Small Business Compliance [...]