The Medicaid transfer penalty is the most common issue we deal with when we submit an application for Medicaid nursing home benefits. Last September the Division of Health Benefits released new procedures in which they are REALLY cracking down on transfers and gathering much … Continue Reading
The Corporate Transparency Act is BACK! The CTA is ON!
Yesterday, a Texas federal district court lifted the last remaining stay on enforcement of the Corporate Transparency Act ("CTA").
Within the past few hours, the Financial Crimes Enforcement Network ("FinCEN") issued … Continue Reading
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