Something to Think About #142: The Corporate Transparency Act (CTA) by Klarise Yahya, Commercial Mortgage Broker, BRE: 00957107 MLO: 249261

Businesspeople are now required to report ownership information of their small business to the government.    The New Law In an effort to peel back the layers of anonymity often exploited by financial criminals, such as money launderers, the Corporate Transparency Act (CTA) was signed into law by President Biden in 2021. It became fully…