Archive - October 2024

The Corporate Transparency Act (CTA) marks a significant shift in the regulatory landscape for many U.S. businesses. This legislation introduces new compliance requirements, requiring businesses to share more information about who owns and controls them. Companies now need to learn about these new rules and figure out how to follow them correctly..

What is the CTA?

It’s designed to make it harder for criminals to hide illegal activities through businesses.

Its...

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The content in this article* derives from Brittany Hanson’s “HR Basics for the Non-HR Professional” webinar hosted by Park Bank in August of 2024. Hanson, MBA, PHR, is Park Bank’s Assistant Vice President – Human Resources Operations.