As in Football🏈 the left offensive line is the most important side, as they cover the Quarterback’s blind side; our job is similarly, to cover your company’s BLIND SIDE.Michael Lightfoot is an attorney and Senior Partner with the Law Offices of Michael J. Lightfoot P.C. Mr. Lightfoot and his firm concentrate their practice as Corporate Transparency Act advisors, Business and Technology Lawyers, with a focus on legal Implications to small and medium sized business clients, including, Intellectual Property, transactional, software and technology licensing matters. Mr. Lightfoot has 25+ years of business technology law experience (Fortune 500, start-ups) and 100’s of successful client outcomes. He is a former Assistant State’s Attorney in DuPage County, Illinois, In-house counsel for Allstate Insurance, Motorola and currently practices in Lake County, Illinois and over the Internet.𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐀𝐜𝐭:For years, the US Government openly criticized other countries that act as money laundering safe havens, and yet we in the United States, were not taking any steps towards transparency. Well, all of that changed January 1, 2021, when both houses of Congress passed the National Defence Authorization Act for Fiscal Year 2021, which includes the Corporate Transparency Act (“the Act”). The Act requires corporation and LLCs to file a report annually with the Financial Crimes Enforcement Network (FinCEN) that identifies each beneficial owner of the “reporting company”. • 𝐈𝐬 𝐲𝐨𝐮𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 (𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐫 𝐋𝐋𝐂) 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐝 𝐭𝐨 𝐟𝐢𝐥𝐞? • Do you know who your “Beneficial Owners” are and the required information to file? For more information and to learn if your company or LLC is required to file, give us a call. CALL Us Mr. Lightfoot and his firm will continue to learn more as the Department of Treasury finalizes and releases the CTA’s regulations, but it is clear that the passage of CTA will create notable changes for USA based businesses. We at Michael J. Lightfoot P.C. will follow the developments of the CTA and are happy to answer any questions. If you or your business need legal consultancy; consider contacting corporate attorney Mike Lightfoot internetlawservices007@gmail.comSpecialties: Corporate Transparency Act, Corporate Transparency Act Advisors, Business Law, Technology Law, Legal Consulting, IP Law, Start-up Law, Intellectual Property Law, Licensing, Business Policies (Legal).