Politicians prattle on endlessly about their love for small business, as opposed to the corporate giants it’s easy to denounce. Yet when they get the chance, they saddle small business with laws like ...
After an injunction in a Texas court was overturned earlier this week, local businesses still must comply with a January 2025 ...
Although the injunction briefly delayed enforcement, the government remains steadfast in defending the CTA's constitutionality. Businesses are now expected to act quickly to gather necessary ownership ...
The government has (again) been enjoined from enforcing the beneficial ownership information (BOI) reporting requirements ...
The CTA requires that the owners and part-owners of an estimated 32.6 million small businesses — including an estimated 230,000 farms — must register personal information with FinCEN, such as a photo ...
Small business owners face jail time and fines of up to $10,000 for not reporting who their owners are. They have until Jan ...
On December 23, the U.S. Court of Appeals for the Fifth Circuit issued an Order staying the nationwide injunction that ...
The Corporate Transparency Act, or CTA, requires some businesses to register with FINCEN next month, or face fines. Here's ...
Corporations and limited liability companies (LLCs) must file beneficial ownership information with the federal government by ...
the Fifth Circuit Court of Appeals lifted the nationwide injunction on CTA enforcement, ruling that the government is likely to succeed in defending the law’s constitutionality. In response, the ...
FinCEN estimates the law applies to 32.6 million small businesses ... The Fifth Circuit could throw out the CTA on grounds Mazzant lays out, but other courts are split. A federal judge in Alabama has ...
After an injunction was lifted by an appeals court, the Treasury's Financial Crimes Enforcement Network has extended the ...