The Corporate Transparency Act (“CTA”)
Updated March 5, 2025 The Corporate Transparency Act (“CTA”) is a federal law passed in 2021 to track criminal or terrorist money laundering and safeguard national security and the U.S. financial system. On March 2nd, the U.S. Treasury Department released a statement regarding CTA enforcement. They announced that they will not enforce any penalties or fines associated with the beneficial [...]