News & Analysis as of

Corporate Transparency Act Federal Contractors

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – November 2024 #2

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Corporate Transparency Act, Part 3: Filing Extensions for Businesses Affected by 2024 Hurricanes - The Financial Crimes Enforcement Network (FinCEN) announced a significant relief measure under the Corporate Transparency...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – November 2024

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SBA’s Proposed Changes to “Rule of Two” Increases Award Opportunities for Small Business Government Contractors. . .Maybe - On October 25, 2024, the Small Business Administration (SBA) published a proposed rule to...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – October 2024 #4

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Corporate Transparency Act, Part 2: Exempt Status, Physical Office, Dissolved and Tribal Entities, and Beneficial Ownership Information - The Corporate Transparency Act (CTA), which came into effect on January 1, 2024, has...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – August 2024 #2

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Trials and Trib(e)ulations: SBA Seeks Tribal Consultation on Eligibility, Funding, and Contract Competition - Government contractors who are members of a tribal nation should be aware of the meetings listed below and a...more

Wiley Rein LLP

Small Business Contractors: Beware of Corporate Transparency Act’s Potential Pitfalls

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Starting this year, certain companies are required to submit new reports related to their ownership and control that could highlight deficiencies in their small business contracting program eligibility. On September 30, 2023,...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – May 2024 #3

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Department of Agriculture (USDA) Final Rule: Removing Reference to SAM (System for Award Management) Managed Identifier (SAMMI) - On May 13, USDA published a Final Rule to remove references to SAMMI which became obsolete...more

PilieroMazza PLLC

Corporate Transparency Act Updates for Government Contractors and Commercial Businesses: Constitutionality, Exemptions, and...

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The Corporate Transparency Act (CTA), which came into effect on January 1, 2024, has significant implications for government contractors and commercial businesses. This client alert summarizes recent developments in the...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – February 2024 #4

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General Services Administration (GSA) Final Rule: GSA Acquisition Regulation (GSAR), Removing Small Disadvantaged Business Program Requirements to Align with the FAR - On February 15, GSA published a Final Rule amending...more

PilieroMazza PLLC

The Corporate Transparency Act: Updates, Requirements, and Enforcement for Small Businesses

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The Corporate Transparency Act (CTA) has been a hot topic for small business owners since its inception. As we approach its effective date on January 1, 2024, it’s crucial to understand CTA’s implications for small...more

Womble Bond Dickinson

Recent Changes for Contractors to Consider - SBA Small Business Credit Rules, CMMC Updates, CTA Reporting, FLSA Overtime...

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Aerospace, defense, and security businesses are subject to a myriad of regulations and operational requirements that are constantly changing. These include things like SBA rules for credit for small businesses and...more

Nutter McClennen & Fish LLP

The Corporate Transparency Act: FinCEN to Collect Beneficial Ownership Information

The Corporate Transparency Act (“CTA”) was enacted as part of the Anti-Money Laundering Act of 2020. The purpose of the CTA is to deter anonymous owners of corporations, limited liability companies, and other entities from...more

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