JD Supra19h
FinCEN Announces No Fines or Penalties Under the CTA Pending New Rulemaking, New Narrowed Enforcement Scope
As discussed in our prior client alert, following the February 18 decision by the U.S. District Court for the Eastern District of Texas in Smith ...
JD Supra18h
Client Alert: CTA Enforcement Suspended – Key Updates on Filing Requirements
On March 2, 2025, the U.S. Department of the Treasury t (“Treasury”) announced that it will not impose penalties, fines, or ...
Corporate Compliance Insights21h
Treasury Halts CTA Enforcement for US Companies in Sudden Policy Reversal
The US government will no longer require US-based companies or American citizens to comply with beneficial ownership ...
Air Conditioning, Heating & Refrigeration News18h
Treasury Halts Enforcement of Corporate Transparency Act
The Treasury Department announced that it will not enforce penalties or fines against U.S. companies that do not register ...
American Coin-Op1h
Treasury Dept. Suspends Enforcement of CTA
The CTA, passed in January 2021, went into effect January 2024. It was written to require most companies, including laundry ...
National Law Review18h
Ping-Pong Match Appears Over: US Companies Apparently Definitively Relieved of Compliance Obligations Under the Corporate Transparency Act
The Corporate Transparency Act (the CTA) requires a range of entities, primarily smaller, unregulated companies, to file reports with FinCen, and arm of the Treasury Department, identifying the ...
National Law Review20h
Comments Solicited on Michigan Research Credit Draft Notice
The Michigan Department of Treasury released a draft of a notice regarding the new research and development credit.