A battle over the constitutionality of a Biden administration law, one with implications for small businesses here and nation wide, has seemingly come to a close in Huntsville on March 01. Earlier this week, Huntsville Circuit Judge Liles Burke of the U.S. District Court for the Northern District of Alabama ruled the Corporate Transparency Act (CTA) […]
In 2021, the Corporate Transparency Act (CTA) was introduced with the aim of bolstering transparency in entity structures and ownership to combat financial crimes. However, as the January 1, 2024 effective date looms, businesses are scrambling to understand and comply with its provisions. Initially overlooked by accounting professionals, the Corporate Transparency Act, which will require […]
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