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Joseph (Jay) B. Darby III 

We handle all tax matters, from the common to the most complex.

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jay@josephdarbylaw.com

(617) 286-6553

100 High Street

Suite 2601

Boston, MA 02110

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You Can’t Hide from the Corporate Transparency Act

Wed, Apr 26

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Tax Briefing Webinar

The Corporate Transparency Act (CTA) became law in Jan. 2021 and thus far has been one of the most invisible pieces of legislation ever – but that is about to change. Please join our bright, informed, and deeply experienced panel as they provide us with a comprehensive discussion on these changes.

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Time & Location

Apr 26, 2023, 4:30 PM – 6:30 PM EDT

Tax Briefing Webinar

About the Event

The Corporate Transparency Act (CTA) became law in January 2021 and so far has been almost invisible—but that is about to change, and with a vengeance. Beginning January 1, 2024, the CTA will come crashing into the lives of all small US business owners—and also into the lives of their attorneys. First, the CTA requires detailed filings about the ownership and control of ALL small US operating businesses. If a business entity has fewer than 20 employees and less than $5 million of gross receipts, the entity will need to disclose to the US government all 25% owners as well as anyone else who exercises ”substantial control” over the business. Second, information must also be furnished about any lawyer, paralegal, or other individual who supervises or files the document (e.g., Articles of Incorporation) that creates a new business entity. Not only does the CTA require a detailed initial filing, but the information thereafter…

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