Buckley Law Shareholder and Attorney Martin Medeiros, CIPP/US was recently on the Lake Oswego Chamber of Commerce’s new episode of the podcast Business LO discussing the Corporate Transparency Act and Steps Businesses Need to Take Now.
The Corporate Transparency Act (CTA) mandates that non-exempt businesses file a Beneficial Ownership Information (BOI) report by December 31 to complete a new federal requirement unless you are exempt. You need to find out if you are exempt or file the BOI. This report identifies information about the individuals who directly or indirectly own or control a company.
More about CTA: https://www.buckley-law.com/articles/cta/
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