What Is the Corporate Transparency Act, and How Does It Affect Beneficial Owners' Businesses?

The Corporate Transparency Act is important legislation that many small business owners may not have heard of or understand.

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Updated on: March 27, 2025 · 13 min read

A woman who owns a small business looks at her records before filing out her BOIR online.
Business partners gather around a computer screen to look at a design for their company
 logo.
A small businessman wearing a pink, button-down shirt sits at a desk in an office and checks his laptop computer.
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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.