Corporate Transparency Act now in effect for small businesses, deadline looms
U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales contracted by more than expected.
Corporate Transparency Act is back, with new March 21 filing deadline
The Corporate Transparency Act, a law aimed at combating financial crime, is back in play with a new filing deadline after federal district judge lifted a stay he imposed last
Corporate Transparency Act (“CTA”) Reporting Required with Extended Deadline
All non-exempt entities that would have previously had filings due are required to complete their filings by March 21, 2025.
Corporate Transparency Act injunction overturned – What that means for businesses
A recent court ruling has lifted the injunction on the enforcement of the Corporate Transparency Act, which means that most businesses are now expected to file their information with the Financial Crimes and Enforcement Network (FinCEN.)
Dead Stop for the Corporate Transparency Act: Part 2
Part two of Anthony Sabino’s two-part series analyzing Texas Top Cop Shop, Inc. v. Garland holding the Corporate Transparency Act unconstitutional and prohibiting its enforcement nationwide.
Corporate Transparency Act Back in Effect with March 21 Deadline
For most reporting companies, [1] the deadline to file a new, updated, or corrected BOI report is now March 21, 2025. However, FinCEN’s notice states that the agency will use the 30-day period before the deadline to “assess its options to further modify deadlines,
JD Supra13h
Corporate Transparency Act Revived After Last Remaining Nationwide Preliminary Injunction is Lifted - Reporting Deadlines Extended
On February 18, 2025, the U.S. Federal District Court for the Eastern District of Texas lifted the last remaining nationwide ...
The Corporate Transparency Act Is Back On
The implementation of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership ...
Accounting Today2d
Court lifts injunction on Corporate Transparency Act
A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act ...
The National Law Review4d
Client Alert: Supreme Court Allows Corporate Transparency Act Enforcement But FinCEN Notes Another Stay Prevents Current Implementation
Thursday afternoon, the US Supreme Court said that it would allow the Corporate Transparency Act (CTA) to be implemented by ...
Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more
The Treasury Department set a March 21 deadline to report "beneficial ownership information" after a Texas court lifted a ...
Corporate Transparency Act Rule Is in Effect After Texas Federal Court Decision
U.S. District Judge Jeremy Kernodle decided to stay an injunction that had prevented the Treasury Department's financial ...
Mother Jones3d
Will Donald Trump Make Money Laundering Great Again?
But President Donald Trump’s return to power has cast doubt on the future of the most monumental anti-kleptocracy reform push ...
JD Supra1d
Oh Geez! The Corporate Transparency Act’s Turbulent Rollercoaster Ride Continues
I was hoping that I could report to my readers that the turbulent and lengthy ride of the Corporate Transparency Act (“CTA”) ...