Understanding the Corporate Transparency Act (CTA)
Key Compliance Requirements for Small Businesses in 2024
The Corporate Transparency Act (CTA), effective January 1, 2024, aims to combat financial crimes.
Administered by the Financial Crimes Enforcement Network (FinCEN) to address money laundering and terrorist financing, the law requires businesses with less than $5 million in revenue to disclose their beneficial owners.
This new federal requirement enhances transparency and accountability for businesses.
Why Past Clients Trust Costaras Law
Discover How They Found It A Simple and Easy Process
Jan C.
Happy Grandma
Attorney Nicholas Costaras prepared my Will and Estate Planning documents. He made the process simple, easy, and straightforward for me. If you need to get your Will or Estate Plan in order, you'll love having him on your side!
Amanda M.
Entrepreneur & Mom
Debora Z.
Retired & Loving It
Attorney Costaras prepared a full Estate Plan for me. He explained the difference between a Revocable Living Trust and a Last Will & Testament. Thanks to his help, I now have my Estate Planning in order. I highly recommend him!
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Schedule a consultation with Nicholas Costaras today and take the first step toward achieving your business goals.