There’s a new government that’s going to affect a number of small businesses across the United States as of the beginning of this year, January 2024.

It’s called the Corporate Transparency Act, and you might have to start reporting information about the ownership of your business to the federal government. It was passed to prevent individuals from hiding or benefiting from the ownership of their businesses to make it easier to hide illegal operations, which supposedly is a tactic that affects national security and economic integrity; sounds a bit scary, doesn’t it?
Continue reading Do You Know About The Corporate Transparency Act? →