1/6/2025
Late on December 26, 2024, the merits panel of the U.S. Court of Appeals for the Fifth Circuit (Fifth Circuit) reinstated the nationwide preliminary injunction blocking the Financial Crimes Enforcement Network (FinCEN) from enforcing the CTA. READ MORE
12/26/2024
On December 23, 2024, the U.S. Fifth Circuit Court of Appeals issued an order that stayed the nationwide preliminary injunction on CTA enforcement. READ MORE
12/5/2024
The holidays may have come early for millions of businesses throughout the United States. Back in December 2023, we reported on the requirements under the Corporate Transparency Act (CTA). READ MORE
12/19/2023
The new federal Corporate Transparency Act ("CTA") requires most small businesses to report personal information about business owners to the federal government. READ MORE
6/15/2022
Each year, the IRS considers inflationary adjustments to the estate and gift tax exemption amount and gift tax annual exclusion amount. READ MORE
6/4/2020
Late on Wednesday, June 3rd, Congress passed the Paycheck Protection Flexibility Act ("PPFA"). READ MORE
5/13/2020
On May 13th, the SBA and Treasury released a new FAQ #46 on PPP loans that will provide significant comfort to borrowers of smaller loans. READ MORE
4/2/2020
As a federal legislative response to the COVID-19 crises, the CARES Act was enacted on March 27, 2020, and has created a brave new world for lenders to serve their business clients during uncertain economic times. READ MORE