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California Workplace Violence Prevention Law
California Workplace Violence Prevention Law
Corporate Transparency Act Impact on Your Business
Corporate Transparency Act Impact on Your Business

The Corporate Transparency Act (CTA) has ushered in a new era of transparency for businesses operating in the United States. Enacted as part of the Anti-Money Laundering Act of 2020, this legislation compels companies to disclose crucial information about their ownership structure to the US Treasury’s Financial Crime Enforcement Network (FinCEN). The primary objective is to curb the misuse of shell companies for illicit financial activities, such as money laundering. But what exactly does this mean for your business, and how can you navigate the intricacies of compliance?

What is a Beneficial Owner? The Corporate Transparency Act
What is a Beneficial Owner? The Corporate Transparency Act

Designed to combat money laundering, tax evasion, and financial crimes, the CTA establishes a central register of beneficial ownership information, aligning the United States with over thirty other countries committed to enhanced transparency. The US Treasury estimates that tens of millions of organizations will be required to submit under this rule. Find out if you qualify as a Beneficial Owner, and if you will need to report in 2024.

What is the Corporate Transparency Act Doing with My Info?
What is the Corporate Transparency Act Doing with My Info?

In the ever-evolving landscape of corporate regulations, the Corporate Transparency Act (CTA) has emerged as a pivotal player, requiring organizations to disclose intricate details about their beneficial ownership structure. Aimed at combating money laundering, tax evasion, and other financial crimes, this regulation poses essential questions for businesses. Let's answer the question, “what is the Corporate Transparency Act doing with my info”.

Corporate Transparency Act: which businesses need to report?
Corporate Transparency Act: which businesses need to report?

The US Congress has issued a new law called the Corporate Transparency Act.  The Department of the Treasury is responsible for enforcing this and creating the final regulation through the Financial Crime Enforcement Network (FinCEN). This regulation requires businesses to disclose their beneficial owners, defined as individuals with substantial control over the company or 25% ownership. 

The HR Compliance Checklist Guide for 2024
The HR Compliance Checklist Guide for 2024

Employee recruitment, management, and termination is rife with potential legal pitfalls. When you hire employees in multiple states, human resources (HR) compliance is even more time-consuming. Organizations that fall short of state and federal labor regulations open themselves up to significant legal liabilities—but having an HR compliance checklist can lessen the burden.

Do I Have to Comply? Employee Thresholds in US Employment Law
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Do I Have to Comply? Employee Thresholds in US Employment Law

Did you know that employment laws often have employee count thresholds for applicability? That’s right! If your business has a certain number of employees, you may be required to follow specific laws and regulations. It seems simple, but calculating employee counts can get complicated.

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