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What Do I Need To Know About The Corporate Transparency Act?
California Trusts and Estates Quarterly - Volume 28, Issue 4 (2022)
Credit(s):
1 Self-Study Credit
1 Legal Specialization in Estate Planning; Trust & Probate Law
When I mention the Corporate Transparency Act (CTA) to most people, I tend to garner a lot of blank stares. Acronyms rarely make for exciting cocktail party conversation, especially when they come from the mouth of a tax lawyer. But there is good reason for lawyers to understand the CTA and prepare themselves to explain the law’s requirements totheir clients: under the CTA, tens of millions of entities will be required to report detailed ownership information to the Treasury Department, possibly as early as next year.
1 Self-Study Credit
1 Legal Specialization in Estate Planning; Trust & Probate Law
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