Corporate Transparency Act: What Business Owners Need to Know in 2025

Many people often spend their lives without needing an attorney - right up until the moment they do. When that happens, it can feel overwhelming to decide who to choose as the right partner for yourself, your family, and your business. Here are some things you may want to consider as part of your decision and some questions to ask yourself as you explore local law firms.

Estate planning is something people often put off until it’s too late. We’ve made it our mission at CPMT to help prepare the documents your loved ones will need after your death to ease the process for everyone involved. That includes helping you to avoid the most common estate planning mistakes. With the help of our attorneys, including wealth planning experts Claire Mattson and Elise Meyers, we can prevent some unnecessary complications that often accompany poor or incomplete planning.

Entrepreneurship is not for the faint of heart. As a business owner, navigating the constant ebb and flow of emotions is essential to the success of your venture. Fear, in all its forms – fear of failure, fear of the unknown, fear of the competition – can be a formidable foe, threatening to derail your progress if not addressed head-on.

In most cases, the actual registration of the business entity is not the challenge. What’s more complex and time-consuming is that whenever a change in ownership occurs, the registration with FinCEN must be updated.

Litigation is one of the most misunderstood legal terms in today’s world. While its definition is quite simple, all of its variations and intricacies can make it hard to wrap your head around. Add the term “fiduciary” to the mix, and you’ll leave a lot of people puzzled.

A strong commitment to integrity and justice has always been at the core of CPMT’s mission and vision, but our dedication to those values was tested early on in the journey, begging the question of where our loyalties truly lie…

As we journey through CPMT's remarkable history, it's an honor to share the story from my unique view.

In the ever-evolving landscape of business regulation, the Corporate Transparency Act (CTA) stands out as a significant shift, particularly for small businesses and family-owned enterprises.