While the High Court today stayed one Texas judge's injunction blocking the Corporate Transparency Act’s beneficial ownership interest (BOI) reporting requirement, another Texas judge has gotten into the act.

Owners and part-owners of an estimated 32.6 million small businesses must register personal information with Treasury’s Financial Crimes Enforcement Network, or FinCEN.

The Supreme Court has reinstated a mandate requiring millions of small business owners to register details with the Treasury, aiming to combat financial crimes. Despite opposition, the decision allows the Corporate Transparency Act enforcement as legal disputes continue.

December was an eventful month for the Corporate Transparency Act (CTA). The latest court ruling in the CTA conflict occurred on December 26, 2024,

The stay of the nationwide injunction means that the government can enforce the beneficial ownership information reporting requirements, but it’s not clear what happens next.

to the Department of the Treasury’s Financial Crimes Enforcement Network. After Trump’s veto was overridden, several small businesses in Texas sued U.S. Attorney General Merrick Garland, arguing the law was unconstitutional. The first federal judge to ...

The U.S. Supreme Court cleared the way on Thursday for the enforcement of an anti-money laundering federal law that requires corporate entities to disclose the identities of their real beneficial owners to the U.

The Supreme Court reinstates a rule requiring small business owners to register with FinCEN to combat money laundering and financial crimes.

The U.S. Justice Department, on behalf of the Financial Crimes Enforcement Network, in an application filed on New Year’s Eve asked the Supreme Court to stay the injunction issued by a Texas district judge in early December. The attorneys representing ...