Coffee and Collaboration ft. Attorney Shawn Council - The bipartisan Corporate Transparency Act and its impact on businesses

Join our monthly Coffee & Collaboration in the new Small Business Resource Center. Make connections. Enjoy some coffee. Grow your business.

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Topic Takeover - The Corporate Transparency Act explained by Attorney Shawn Council

Attorney Shawn Council says that the bipartisan Corporate Transparency Act, enacted in 2021 to curb illicit finance, requires many companies doing business in the United States to report information about the individuals who ultimately own or control them.  Learn how to file and what happens to companies who fail to comply.  Noncompliance is very costly.