Nearly all smaller businesses — including corporations, partnerships, and LLCs — will be impacted by the federal Corporate Transparency Act, which take effect Jan. 1, 2024. Significant civil and criminal penalties, up to and including imprisonment, may be imposed for failure to comply with the CTA. OMA Connections Partner Vorys has published this guidance and will host a Nov. 2 webinar to provide more insight. 9/18/2023