How corporations be affected by the Corporate Transparency Act, and what the impact will be on Certified Public Accountants (CPAs)
From social security numbers to home addresses, it is important to mitigate security weak spots in your business.
Entities should know that the definition of a domestic entity in the CTA is extremely broad, and other entity types are not required to report.
As the CTA goes into effect at the start of 2024, responsibilities and permissions for CPAs will become more apparent.