national ffa

Reminding Producers of the Corporate Transparency Act

Will Jordan Industry, Livestock, Livestock News, National Cattlemen’s Beef Association (NCBA)

The National Cattlemen’s Beef Association reminds cattle producers to consult their tax attorneys regarding the Corporate Transparency Act as key deadlines approach at the end of this year. The Act was passed by Congress in 2021 and requires companies to report beneficial ownership information to the Financial Crimes Enforcement Network, a division of the U.S. Treasury. The legislation’s goal is …