Jan 1, 2025 | Business & Corporate
The required December 31, 2024 compliance deadline for the Corporate Transparency Act (CTA) has been influx again this week. Here is a timeline and where compliance with the CTA is as of today, December 31, 2024: December 3, 2024: The Federal District Court for the...
Dec 6, 2024 | Business & Corporate
With less than a month until the December 31, 2024 deadline for millions of small businesses throughout the U.S. to file their FinCEN beneficial ownership interest report, a Federal Court in Texas has issued a preliminary injunction against the enforcement of the...
Jan 5, 2024 | Business & Corporate
On September 29, 2022, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued its final rule on the reporting requirements of beneficial ownership information under the Corporate Transparency Act (the “CTA”).[1] The final rule...
Mar 27, 2020 | Banking Law, Business & Corporate, Coronavirus, Coronavirus and business, Coronavirus and finance law, Coronavirus and tax law, Tax Law
On March 27, 2020, the U.S. House of Representatives passed the COVID-19 stimulus bill, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748), which provides much needed assistance for small businesses. The Paycheck Protection Program is...
