Yesterday I posted a Corporate Transparency Act (CTA) update advising that a 3-judge panel of the Fifth Circuit Court of Appeals had cancelled the nationwide injunction on CTA enforcement issued by a district court. FinCEN then quickly announced a new January 13 compliance … Continue Reading
Last Monday, December 23, the Fifth Circuit Court of Appeals stayed the nationwide injunction issued by a Texas federal district court against enforcement of the Corporate Transparency Act (“CTA”). English translation: The CTA is back on.
Rather than sticking to the original … Continue Reading
Extremely Important Update
On November 19, 2024, I posted information about the Corporate Transparency Act ("CTA"). The CTA requires almost all small businesses organized either as a corporation or an LLC to report detailed information regarding both the entity and personal … Continue Reading
If you are at all involved with a small corporation or limited liability company, you MUST read this. Your life may be about to change. Especially if you would like to avoid a potential $10,000 fine or a two year stay at Club Fed. You have until January 1, 2025, to comply. … Continue Reading
Get a prenup! Get a will! You’ve been warned.
Sally, now 82, has been with Fred, now 83, for 10 years. They married last year against the advice of her children, her minister, the neighbors, and every human within a 5-mile radius. Fred, something of a seedy character who … Continue Reading