Oklahoma business owners should take heed to the new requirements of the Corporate Transparency Act (the “CTA”), which went into effect January 1, 2024.
In 2021, Congress enacted the Corporate Transparency Act (CTA), which updates anti-money laundering laws. The CTA mandates that certain companies submit a report to the Treasury.
A new law coming into effect at the beginning of 2024 will affect numerous small business owners. According to the U.S. Chamber of Commerce, the Corporate Transparency Act (ACT) will go into effect on Jan. 1, 2024. The law is intended to take action against money laundering, tax fraud, and financing for terrorism by retrieving more… Continue reading Why Small Business Owners Need To Pay Close Attention To The Corporate Transparency Act In 2024
A Russian man accused by the U.S. of trafficking in a hacked database of online credentials will apparently evade American courts after the Russian government said