Corporate Transparency Act Enforcement Halted Nationwide
The Corporate Transparency Act (CTA), which went into effect on January 1, 2024, has been temporarily blocked nationwide by a Texas court ruling. This act requires certain business entities to disclose their beneficial ownership information to FinCEN (Financial Crimes Enforcement Network). On December 3, 2024, a federal judge found the law likely unconstitutional, citing concerns […]
Corporate Transparency Act Enforcement Halted Nationwide Read More »