The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.
Snell & Wilmer’s Sarah Hibbard says many startups will need to comply with the CTA but that founders may struggle to prepare ...
Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.
Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block ...
The United States Supreme Court ruled Thursday to allow the federal government to enforce the Corporate Transparency Act (CTA). Whether or not companies will immediately be liable for failing to file ...
The Financial Crimes Enforcement Network (FinCEN) said Friday that while the U.S. Supreme Court did stay one nationwide injunction, one issued by a different judge in a separate case remains in effect ...
Off-again, on-again requirements for businesses to report ownership information to federal regulators are now off again, while provisions of the anti-money laundering U.S. Corporate Transparency Act ...
After much back and forth at the tail end of 2024 and into 2025, the Corporate Transparency Act would require businesses ... “I’d have to fill out the form,” owner of Next Level Golf Joe ...
Sen. Tommy Tuberville, R-Alabama, and Rep. Warren Davidson, R-Ohio, reintroduced legislation to repeal the Corporate Transparency Act and its requirement for beneficial ownership information reporting ...
The Supreme Court will likely decide the fate of a nationwide injunction against enforcement of the Corporate Transparency Act — a law which in part requires businesses to disclose their beneficial ...
MANILA — The Department of Finance (DOF) has reaffirmed its commitment to transparency and strict compliance with the Supreme Court decision and relevant laws in determining the National Tax Allotment ...
It’s time to sound the alarm: The Corporate Transparency Act (CTA) is a direct assault on small business owners and an unconstitutional attack on our freedoms. Authorized through the National Defense ...