Our Latest News & Articles
BOI Reporting Update: U.S. Department of Treasury Will Not Enforce the Corporate Transparency Act Against Domestic Companies
Small business owners can breathe a sigh of relief this week as the U.S. Department of Treasury announced that it would be suspending enforcement of the Corporate Transparency Act (CTA) for U.S. based companies. The news followed after the Treasury D… Read More
UPDATE: BOI Reporting Requirements Under The Corporate Transparency Act (CTA) Are Once Again Back In Effect
The obligation for the majority of small businesses to file their Beneficial Ownership Information (BOI) reports has been reinstated. On February 18, 2025, the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department… Read More
UPDATE: Injunction Reinstated on Corporate Transparency Act Reporting Obligations
On December 26, 2024, three days after reinstituting the mandates of the Corporate Transparency Act (CTA), the Fifth Circuit Court of Appeals reversed its decision. The court previously granted the government’s motion to stay the preliminary injunc… Read More
UPDATE: Corporate Transparency Act Mandatory Reporting Obligations Return After Lifting of Injunction
On December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s motion to stay the preliminary injunction previously issued in Texas Top Cop Shop, Inc., et al. v. Garland, et al.,[i] which reinstated the obligations of small busin… Read More
Corporate Transparency Act on Hiatus as Nationwide Preliminary Injunction is Implemented
On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction over the obligation of small businesses to file BOI Reports under the Corporate Transparency Act (CTA). The ruling comes after… Read More