Tag: Corporate Transparency Act

Nationwide preliminary Injunction Against Enforcement of the Corporate Transparency Act

Posted on by Jeffrey A. Franklin, Esq.

December 3, 2024, the U.S. District Court for the Eastern District of Texas (Sherman Division) issued a preliminary injunction in favor of the plaintiffs in the case of Texas Top Cop Shop, Inc. et al. vs. Garland (U.S. Attorney General).  In so ruling, “[t]he Court has determined that the CTA and Reporting Rule are likely unconstitutional for … Continue reading Nationwide preliminary Injunction Against Enforcement of the Corporate Transparency Act →

Corporate Transparency Act Deadline COMING January 1, 2025

Posted on by Jeffrey A. Franklin, Esq.

Regulations adopted by the Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act require most companies formed or registered to do business in the United States before January 1, 2024 to file an initial beneficial ownership information report with FinCEN by January 1, 2025, unless they are exempt. If you are required to file … Continue reading Corporate Transparency Act Deadline COMING January 1, 2025 →