On Jan. 23, 2025, the United States Supreme Court reinstated a stay on the Fifth Circuit Court of Appeals’ Dec. 26, 2024, decision, which had upheld a lower court’s nationwide injunction blocking enforcement of the Corporate...more
1/28/2025
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Beneficial Owner ,
Business Ownership ,
Corporate Transparency Act ,
Department of Justice (DOJ) ,
Enforcement Actions ,
FinCEN ,
Preliminary Injunctions ,
SCOTUS ,
Stays ,
U.S. Treasury
On December 3, 2024, a federal district court in the Eastern District of Texas issued an order granting a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (CTA). Texas Top Cop Shop,...more
12/13/2024
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Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Filing Requirements ,
FinCEN ,
Popular ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
Stays
The Corporate Transparency Act (“CTA” or the “Act”) became effective as of January 1, 2024. It is the latest effort by the federal government to combat money laundering, tax fraud, and other illegal activity by bad actors. ...more
The Corporate Transparency Act (“CTA” or the “Act”) is effective as of January 1, 2024. It is the latest effort by the federal government to combat money laundering, tax fraud, and other illegal activity by bad actors. ...more