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Corporate Transparency Act Update – Preliminary Injunction Reinstated by Fifth Circuit on December 26, 2024

On December 23, 2024, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit reversed a Texas district court order that had granted a preliminary injunction of the Beneficial Ownership Information (BOI)...more

Nationwide Preliminary Injunction Issued Against Enforcement of Corporate Transparency Act

On Tuesday, December 3, 2024, a nationwide preliminary injunction was issued by the U.S. District Court for the Eastern District of Texas in the case of Texas Top Cop Shop, Inc. et. al. vs. Garland, temporarily blocking the...more

Legal Updates for Illinois Employers in 2025

In 2025, Illinois will have several new laws and regulations going into effect. The following article summarizes many of these new laws. ...more

Attention Business Entities: Do You Need to File a Business Owners Information Report with FinCEN? All Companies Must Review This...

The Corporate Transparency Act (CTA) became effective on January 1, 2024. Unless an entity meets an exemption, the CTA requires corporations, limited liability companies, and other entities to (1) report specific beneficial...more

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