As of December 26, 2024, the nationwide injunction that had been lifted only days ago has been put back in effect.[1] This means that reporting requirements under the Corporate Transparency Act may not be enforced for the time being. The court stated in its brief...
admin
Corporate Transparency Act Reporting Requirements are Back in Effect
In an order issued December 23, 2024, the United States Court of Appeals for the Fifth Circuit set aside a nationwide injunction that had suspended the requirements of the Corporate Transparency Act (“CTA”) and regulations enacted for enforcement of the CTA by the...
The Corporate Transparency Act and FinCEN Final Rule
FinCEN Final Rule Went Into Effect on January 1, 2024 Important New Filings are Required Beginning in 2024 The United States never had a centralized repository of data about who owns and operates legal entities within its borders. That has now changed. The Corporate...