The U.S. Department of the Treasury decided in March to suspend enforcement of the federal Corporate Transparency Act (CTA), but limited liability companies (LLCs) formed or authorized to do business in New York state still...more
7/31/2025
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Business Ownership ,
Corporate Transparency Act ,
Disclosure Requirements ,
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Limited Liability Company (LLC) ,
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New York ,
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Reporting Requirements ,
State and Local Government ,
U.S. Treasury
New York has finalized its own set of disclosure requirements on limited liability companies, or LLCs, similar to those mandated by the federal Corporate Transparency Act (CTA). This makes New York the first state to impose...more
New York is poised to impose its own set of disclosure requirements on certain businesses later this year with a new law that mirrors the federal Corporate Transparency Act (CTA).
In December, Gov. Kathy Hochul signed into...more