Articles Posted in Corporate Transparency Act

Illinois business owners have been closely following developments under the Corporate Transparency Act (“CTA”), particularly given the uncertainty created by conflicting court decisions and shifting enforcement positions. A recent federal appellate ruling provides important legal clarity, although practical compliance obligations for Illinois entities remain limited for now. Federal Appellate Court…

Corporate Transparency Act Updates WHO’S ON FIRST? ANOTHER UPDATE ON THE CORPORATE TRANSPARENCY ACT New Reporting Deadlines and Ongoing Legal Drama On December 23, 2024, a federal appeals court granted a stay over the nationwide injunction issued by a federal court which flipped the requirements for filing around (again!).  The…