https://katv.com/community/little-rock-arc/fin-cen-co-founder-milan-solarz-patel-speaks-corporate-transparency-act-curb-illicit-finance-security-threats-tax-fraud-money-laundering-injuction-reporting

The Corporate Transparency Act, enacted in 2021, meant to "curb illicit finance", which would mean a decrease in security threats. such as tax fraud and money laundering.

Since its enactment, the Act has seen many changes, including the lifting of one injunction which would put the new reporting on pause.

Little Rock ARC's Kaelin Clay sat down with Fin-Cen Guidance Co-Founder Milan Solarz-Patel to talk about what the Act means for business owners and how they might tackle it.