UPDATE: Between the time this article went to press and the time it was published, the Corporate Transparency Act (CTA) was ruled unconstitutional in the case of National Small Business United v. Yellen, No. 5:22-cv-01448 (N.D. Ala.) which enjoined the Department of the Treasury and FinCEN from enforcing the CTA against the plaintiffs in that case. In a press release, FinCEN said it “is complying with the court’s order and will continue to comply with the court’s order for as long as it remains in effect. As a result, the government is not currently enforcing the Corporate Transparency Act against the plaintiffs in that action: Isaac Winkles, reporting companies for which Isaac Winkles is the beneficial owner or applicant, the National Small Business Association,...
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UPDATE: Between the time this article went to press and the time it was published, the Corporate Transparency Act (CTA) was ruled unconstitutional in the case of National Small Business United v. Yellen, No. 5:22-cv-01448 (N.D. Ala.) which enjoined the Department of the Treasury and FinCEN from enforcing the CTA against the plaintiffs in that case. In a press release, FinCEN said it “is complying with the court’s order...
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