International Law Section Podcast
A podcast brought to you by the International Law Section of the State Bar of Texas. Where our mission is to provide you a short and topical podcast that makes international law relevant - no matter what your area of practice or business.
International Law Section Podcast
Game Changer? The Corporate Transparency Act
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ILS Section of State Bar of Texas hosted by Richard Munoz; Music “Wanderer (Take 2)” by Admiral Bob (c) copyright 2020 Licensed under a Creative Commons Attribution (3.0) license. Available at: http://dig.ccmixter.org/files/admiralbob77/62202 Ft: SackJo
In January 2021, Congress passed the Corporate Transparency Act (the “CTA”) in an attempt to make it difficult to launder money or evade taxes through the use of anonymous shell companies. This law has far reaching implications and may impose federal reporting requirements on your small businesses. What does this mean for your business going forward? To help us answer this question is Mark Stachiw and Gabreila Smith of the Klemchuk law firm. They will review the proposed CTA regulations, exemptions and (yikes) penalties for non-compliance.
