Corporate Transparency Act Requires U.S. Companies to Disclose Ownership Information by January 1, 2025; Attorneys to Assist Compliance

The Corporate Transparency Act mandates that companies operating in the U.S. disclose key ownership information, with a filing deadline set for January 1, 2025. Legal experts emphasize the importance of attorneys in assisting clients with compliance. Recent discussions have highlighted how this legislation impacts various stakeholders, including board members of homeowners associations. As deadlines approach, companies are urged to prepare for the necessary filings to ensure adherence to the new regulations.