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Corporate Transparency Act Explained: What Every Business Owner Needs to Know!

Did you know that a new law could soon require you to report key details about your company’s ownership—or face serious penalties? The Corporate Transparency Act (CTA) is rolling out with extensive new reporting rules, and business owners need to be prepared. In this video, I’ll walk you through the essentials of CTA compliance, from required disclosures to important deadlines and potential pitfalls. PLUS, if you own trademarks, I’ve got a bonus discussion just for you: how your brand’s trade names and IP holding companies can impact your CTA filings. Here’s what we’ll cover: 1️⃣ What the Corporate Transparency Act is and why it’s so critical 2️⃣ The key information FinCEN requires and who these rules apply to 3️⃣ How to avoid penalties by staying on top of filing deadlines 4️⃣ BONUS for Trademark Owners: Extra considerations for how this new law affects your business operations _______________________________________ //✨GRAB THESE FREEBIES✨// What is the trademark application process like? Watch the video:    • What is the trademark application pro...   Is a trademark really right for you? Find out with this free quiz: https://mittonlaw.com/tm-quiz-start/ Want to learn more about trademarks? Read the FAQs: https://mittonlaw.com/trademarkfaqs/ Having trouble choosing unique names & taglines that keep the spotlight on your brand? Sign up for my free course to get unstuck: https://go.mittonlaw.com/bbb-free-enroll What's the difference between legal info vs legal advice? Learn here: https://mittonlaw.com/legal-informati... _________________________________________ //🌟LET'S CONNECT 🌟// Subscribe to my YouTube channel: https://www.youtube.com/@faithmittonl... Follow me on Instagram:   / faithmittonlaw   Connect with me on Tiktok:   / faithmittonlaw   Join me on Facebook:   / faithmittonlaw   _________________________________________ // 🎇WORK WITH ME 🎇 // Ready to protect your brand? Become a client of Mitton Law Firm PLLC to legal help! Led by Attorney Faith Mitton, Mitton Law Firm PLLC is a boutique law practice helping businesses nationwide to protect their brands with trademarks. We’re all about taking the stress and confusion out of getting legal help, making the process as smooth and transparent as possible. And we think outside the box when it comes to how we make life easier for entrepreneurs, how we price our services, and how we advocate for our clients. Learn more about how to work with us by visiting our website at https://mittonlaw.com. ATTORNEY AVERTISING #CorporateTransparencyAct #BusinessCompliance #FinCEN #TrademarkLaw #TradeNames #BrandProtection