Covert & Company Articles & Emails
Below is a list of articles and emails that we have sent out to our clients to make them aware of upcoming changes and/or things they need to pay attention to in the current or upcoming tax years.
New Corporate Reporting Rules: What You Need to Know Now
The Corporate Transparency Act (CTA), enacted as part of the National Defense Authorization Act, introduces new reporting requirements for corporations, S-Corporations, limited liability companies (LLCs), and other entities formed or registered to do business in the United States. The key focus of the CTA is the collection of Beneficial Ownership Information (BOI), which aims to…