Decoding the Corporate Transparency Act: A Guide for Businesses

Congress enacted the CTA to combat financial crimes, and the CTA mandates that most corporations, LLCs, and similar entities report their beneficial owners to the FinCEN.

The majority of small- and medium-sized businesses in Emporia, Council Grove, Burlington and surrounding Kansas cities will likely be required to file a report. It is strongly recommended that businesses consult with legal counsel to determine their specific reporting obligations.