The Corporate Transparency Act (CTA) remains the law of the land, at least for now, and companies should prepare to comply. Recently, a federal district court in Alabama found the CTA to be unconstitutional. In the wake of...more
3/15/2024
/ Beneficial Owner ,
CEOs ,
CFOs ,
COOs ,
Corporate Transparency Act ,
Financial Crimes ,
FinCEN ,
Limited Liability Company (LLC) ,
NSBA ,
Ownership Interest ,
Regulatory Requirements ,
Reporting Requirements ,
Smaller Reporting Companies
On March 1, 2024, the U.S. District Court for the Northern District of Alabama held that the Corporate Transparency Act is unconstitutional. Specifically, the court found that enactment of the CTA could not be justified as an...more