On this webinar Christopher Lauer shared the requirements and practical steps estate planning attorneys need to consider before the Corporate Transparency Act (“CTA”) goes into effect on Jan 1, 2024. The webinar covered:
- What the CTA is and why it exists
- The reporting requirements the CTA will impose on most businesses
- How CTA will affect trusts
- Actions you can take now to prepare, including internal and external communication plans and training
- Consequences of not reporting