Tag Archive for: National Small Business Association

Small businesses brace as Corporate Transparency Act showdown comes to a head in downtown Huntsville courts

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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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Arguments begin in Huntsville regarding changes to national small business laws

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HUNTSVILLE, AL – On Monday, oral arguments in National Small Business Association v. Yellen will began at the Huntsville United States District Court. The case is a challenge to the constitutionality of the Corporate Transparency Act (CTA) and specifically the law’s beneficial ownership reporting requirements. The law would require nearly every American who runs or […]

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