December 5th, 2024 update: Reporting Companies relieved from January 1, 2025 deadline
The Corporate Transparency Act places certain new filing requirements and carries penalties for corporate entities. Many, but not all, nonprofits are exempt from the filing requirements of the new law. Is your nonprofit exempt? Learn more about the Corporate Transparency Act and which tax-exempt entities are exempt from its filing requirements in this article from our partners at Pro Bono Partnership of Ohio.