The Corporate Transparency Act’s (CTA) reporting requirements are officially back in force, requiring non-exempt entities to disclose beneficial ownership information (BOI). This week, a Texas federal court lifted the last...more
2/20/2025
/ Beneficial Owner ,
Compliance ,
Corporate Transparency Act ,
Department of Justice (DOJ) ,
Disclosure Requirements ,
Enforcement Actions ,
Filing Requirements ,
FinCEN ,
Penalties ,
Regulatory Requirements ,
Reporting Requirements
A federal judge in the U.S. District Court for the Northern District of Alabama recently ruled the Corporate Transparency Act (CTA) is unconstitutional. In an opinion issued March 1, 2024, Judge Liles Burke stated that it...more