Posts Tagged ‘tax law update’

Tax Law Special Report: November 2022
If You Own a Corporation, A Limited Liability Company, or a Limited Partnership,You Need To Know About This New Reporting Requirement

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Rules to implement federal legislation called the Corporate Transparency Act were announced by the federal government on September 29, 2022. Those rules require all corporations, limited liability companies (LLCs), and limited partnerships formed in the United States to report the personal information of every individual who owns at least 25% of, or exercises “substantial control” […]