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Welcome to the Hahn Loeser CTA Hub, a central location to quickly find current and relevant information regarding the Corporate Transparency Act. The Corporate Transparency Act impacts most privately owned businesses, and may impact real estate deals, construction engagements, estate planning for business owners, labor and employment agreements and litigation.
The Corporate Transparency Act is federal legislation taking effect on January 1, 2024 that will impact most privately owned businesses. It requires certain beneficial ownership information pertaining to such privately owned companies be reported to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN).
Most privately owned businesses will be subject to the CTA. Owners of privately owned businesses should consult with their attorney promptly to discuss the CTA and its impact on their business.
