Carta has noted that Supreme Court made ruling for FinCEN to continue enforcing CTA beneficial ownership information report ...

In summary, the latest chapter of the CTA saga confirms that businesses nationwide are not required to file BOI reports.

The Central U.P. Small Business Support Hub (the Hub) has issued an update to inform employers of important regulatory changes that could pose significant operational and compliance challenges if not ...

On January 1, 2024, the Corporate Transparency Act (the “Act”) went into effect. The Act requires all non-exempt corporations, limited liability companies, and partnerships created or registered to do ...

The CTA will struggle to work as designed.

Almost five years later, Congress passed the Corporate Transparency Act, which requires certain domestic and foreign businesses to file reports with the Financial Crimes Enforcement Network ...

Long known as the Circuit with the greatest skepticism of federal regulation of the economy, it turned its attention to the Corporate Transparency Act (“CTA”; 31 U.S.C. §5336), which statute ...

The Corporate Transparency Act (CTA) has been a hot topic in 2024 ... Throughout 2024, legal and financial advisors worked diligently with clients to prepare for these reporting obligations ...

An example is the new Beneficial Ownership Information (BOI) small business registry from the Corporate Transparency Act (CTA ... newsletter Submitting a letter to the editor or op-ed Small ...