Alert to Business Owners: New Law Requires Disclosure of Information

Corporate Transparency Act Requires Disclosure of Beneficial Ownership Information In 2021, Congress passed the Corporate Transparency Act, 31 U.S.C. Section 5336 (the “Act”) which requires the reporting and collection of beneficial ownership information for applicable entities. Beneficial ownership information refers to identifying information about the individuals who directly or indirectly own or control a company. The […]