Small businesses brace as Corporate Transparency Act showdown comes to a head in downtown Huntsville courts
In 2021, the Corporate Transparency Act (CTA) was introduced with the aim of bolstering transparency in entity structures and ownership to combat financial crimes. However, as the January 1, 2024 effective date looms, businesses are scrambling to understand and comply with its provisions. Initially overlooked by accounting professionals, the Corporate Transparency Act, which will require […]