Barring any unforeseen changes, the Corporate Transparency Act's (CTA) major reporting deadline arrives on January 1, 2025. The CTA requires all existing reporting companies (those entities formed prior to January 1, 2024) to...more
9/11/2024
/ Anti-Corruption ,
Anti-Money Laundering ,
Beneficial Owner ,
Corporate Transparency Act ,
Financial Crimes ,
Financial Regulatory Reform ,
FinCEN ,
Homeowners Association (HOA) ,
National Security ,
Regulatory Requirements ,
Reporting Requirements
On Friday March 1, 2024, Judge Liles C. Burke of the U.S. District Court for the Northern District of Alabama ruled that the Corporate Transparency Act (CTA) is an unconstitutional overreach of Congress's enumerated powers in...more
3/6/2024
/ Beneficial Owner ,
Business Ownership ,
Congressional Authority ,
Corporate Transparency Act ,
Department of Justice (DOJ) ,
FinCEN ,
Foreign Policy ,
Interstate Commerce ,
National Security ,
NSBA ,
Reporting Requirements
What is the Corporate Transparency Act-
The Anti-Money Laundering Act of 2020, which is part of the National Defense Authorization Act for Fiscal Year 2021 (NDAA), established the Corporate Transparency Act (CTA)....more
12/6/2023
/ Anti-Corruption ,
Anti-Money Laundering ,
Beneficial Owner ,
Corporate Transparency Act ,
Financial Crimes ,
Financial Regulatory Reform ,
FinCEN ,
National Security ,
NDAA ,
Penalties ,
Regulatory Requirements ,
Reporting Requirements