UPDATE as of 3/4/25: As of February 18, 2025, all nationwide injunctions barring the enforcement of the Corporate Transparency Act (the “CTA”) had been lifted. For approximately ten days, the CTA mandatory beneficial...more
The Financial Crimes Enforcement Network (FinCEN) beneficial ownership reporting deadline has been elusive in December 2024. The “fun” began when the District Court presiding over the Texas Top Cop Shop case enjoined...more
12/30/2024
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Beneficial Owner ,
Business Entities ,
Corporate Transparency Act ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Reporting Requirements ,
Stays ,
Time Extensions
Transfers of Family-Controlled Business Entities to Family Members Could Get More Expensive -
The Internal Revenue Service (IRS) recently released proposed regulations that will dramatically change the valuation of...more