Shari Klevens, left, and Alanna Clair, Dentons (Courtesy photos) What Lawyers Should Know About the Corporate Transparency Act
The CTA's effective date, Jan. 1, is fast approaching. Thus, lawyers and law firms should prepare by considering not only the reporting obligations of their clients, but also whether they have any newly imposed obligations themselves.
December 04, 2023 at 10:42 AM
5 minute read
Expert Opinion
It is not often that new laws come into effect that change the ways lawyers practice law. However, the Corporate Transparency Act, 31 U.S.C. § 5336 (CTA) will impact not only new and existing entities represented by lawyers, but may impact the attorneys who form those entities as well.
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