Business
ALERT: Nationwide Stay Against CTA is Back On
In an interesting turn of events, on December 26, the U.S. Court of Appeals for the Fifth Circuit vacated (i.e. nullified) its December 23 ruling that reinstated the requirement to comply with the Corporate Transparency Act (“CTA”) and its beneficial ownership interest reporting requirements by January 13, 2025. The Fifth Circuit essentially revived the preliminary…
Read MoreALERT: Court of Appeals Reinstates Enforcement of CTA—New Filing Deadline is 1/13/2025
Well, the saga continues…. Yesterday (December 23), the Fifth Circuit Court of Appeals lifted and negated the nationwide stay issued in Texas Top Cop Shop, Inc. et al. vs. Garland. This means companies must again comply with the Corporate Transparency Act (“CTA”), unless exempt, and file a beneficial ownership interest report (“BOIR”), or face steep…
Read MoreImportant Update: Federal Court Halts Enforcement of Corporate Transparency Act Filing Requirements
On December 3, 2024, a major legal development occurred regarding the Corporate Transparency Act (CTA) that affects businesses across Ohio and the U.S. In the case Texas Top Cop Shop, Inc. et al. v. Garland, a federal district court in Texas issued a preliminary injunction that temporarily halts the enforcement of the CTA’s requirement for…
Read MoreSmall Business Tax Code and Business Regulation Changes in 2025: What Ohio Business Owners Need to Know
As we approach 2025, small business owners in Ohio must prepare for significant changes to the tax code and business regulations that could impact their operations. Understanding these upcoming changes is crucial for strategic planning and compliance. Here’s a breakdown of what to expect and how to navigate these adjustments. 1. Revised Limits to the Section…
Read MoreWhat the 2024 Election Will Mean for Small Businesses in Ohio
As election day draws near, small business owners across Ohio are closely watching the candidates and their platforms. With critical issues at stake, the election could have significant implications for local businesses. Here’s a look at key areas that could affect small businesses in the Buckeye State. 1. Regulatory Changes One of the most immediate concerns…
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