Video

Simply stated, the Corporate Transparency Act (CTA)--part of the National Defense Authorization Act (NDAA) that went live in January, 2024--is a sweeping dragnet of America’s small businesses’ managers’ and owners’ personal private data. If you are key to a small business, this affects you. It treats you as a suspected criminal, places massive financial burdens on your business, allows the United States Treasury and their Financial Crimes Enforcement Network (FinCEN) to share your confidential information federally and with foreign governments. Worst of all it creates an environment of risk for all of your personal & professional associations.