Under the law, corporations and LLCs were required to report information concerning their beneficial owners to the U.S. Treasury Department.

Politicians prattle on endlessly about their love for small business, as opposed to the corporate giants it’s easy to denounce. Yet when they get the chance, they saddle small business with laws like ...

As an update to our posts on the ongoing attempts to block the Corporate Transparency Act, on December 23, 2024, the Fifth ...

On December 23, 2024, the Fifth Circuit Court of Appeals granted a stay over the nationwide injunction issued by the U.S.

The government has (again) been enjoined from enforcing the beneficial ownership information (BOI) reporting requirements ...

An appeals court restored an injunction on the Corporate Transparency Act, which aims to unmask shell companies but is seen ...

On December 26, 2024, the merits panel of the United States Court of Appeals for the Fifth Circuit issued an order ...

Small business owners face jail time and fines of up to $10,000 for not reporting who their owners are. They have until Jan 13, but Chuck Gray ...

As of the start of 2024, small companies meeting certain qualifications were required to file beneficial ownership ...

With several back-and-forth court rulings, the current status of the “Corporate Transparency Act” is this: businesses are NOT required to register their beneficial ownership information with the U.S.

The clock is ticking, not just to a new year but a new requirement that small businesses file paperwork with the U.S. Treasury. Initially, they had until Jan. 1, but this week, that ...

Government efficiency, cutting costs, and reducing the federal debt have all been in the news over the past several months, and State Sen. James Lankford, R-Oklahoma, said he is continuing his fight ...