Following the nationwide preliminary injunction barring enforcement of the Corporate Transparency Act, FinCEN has issued guidance on filing BOI Reports.
FinCEN Response to CTA Nationwide Preliminary Injunction
Category: Jordan M. Small
Corporate Transparency Act Enjoined Nationwide by Texas Federal Court
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act.
Michigan Supreme Court Puts Earned Sick Time and Minimum Wage Increases Back in Business: What Employers Need To Know and Do Now
In a significant development for Michigan employers, the Michigan Supreme Court has revived the more generous paid sick leave requirements and higher minimum wage passed by voters in 2018.
Challenges to the Corporate Transparency Act Continue: Now What?
Despite multiple litigation matters challenging the constitutionality of the Corporate Transparency Act, and legislative and other pushback to the CTA, compliance is still the prudent option.
Michigan Small Business Group Files Suit Challenging Corporate Transparency Act
The Small Business Association of Michigan filed suit in challenging the constitutionality of the Corporate Transparency Act.
Corporate Transparency Act: DOJ Appeals Alabama Unconstitutionality Decision to 11th Circuit Court of Appeals; Continued CTA Compliance Recommended
While the United States Department of Justice appeals the Alabama federal court decision holding the Corporate Transparency Act unconstitutional, the question of compliance comes into sharp focus for business owners.