By: William L. Bricker Jr. and Jordan Kohn The federal Corporate Transparency Act (“CTA”), enacted in 2021, required “reporting companies” (i.e., corporations, limited liability companies, and other entities either (i) formed in the U.S. or (ii) formed under the laws of a foreign country and registered to do business in the U.S.) to submit information about their beneficial owners to the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) (see previous bl

By: William L. Bricker, Jr., Matthew Crawford Obtaining a United States visa has often entailed substantial delays and heavy...

By: William L. Bricker, Juliya L. Ismailov, and Matthew Crawford The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, has a...

By: Juliya L. Ismailov Last Thursday, July 30, the White House released a report titled “Strengthening American Leadership in Digital...

By: Juliya L. Ismailov On July 3, the “One Big Beautiful Bill Act” passed Congressional approval in 218-214 vote with a narrow Republican...

By: William L. Bricker, Linda Galler, and Matthew Crawford H.R. 1, the “One Big Beautiful Bill Act” (the “House Bill”), passed the House...

By: William L. Bricker, Linda Galler, and Matthew Crawford For years, tax advisors have debated whether Section 7872 of the Internal...

By: William L. Bricker, Linda Galler, Juliya L. Ismailov, and Matthew Crawford President Trump’s much anticipated “ One, Big, Beautiful...

Yesterday, March 2, 2025, the Treasury Department announced that FinCEN/BOI reporting administratively was essentially “repealed” ....

On February 27, 2025, FinCEN announced that it will not impose any fines or penalties against companies based on reporting companies...

By: Juliya L. Ismailov Last week House of Representatives (by 217-215 Republican majority) passed a budget resolution that was...

WASHINGTON, D.C. –– With the February 18, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v....

On Monday, February 10, 2025, the House of Representatives passed H.R. 736, the Protect Small Businesses from Excessive Paperwork Act...

CTA reporting may remain voluntary for now notwithstanding the Supreme Court’s recent stay [604 U.S. ___  (2025)] of the nationwide...

Today, the Supreme Court ruled that the Fifth Circuit Court of Appeals (the “Fifth Circuit”) injunction against CTA reporting was...

By: William L. Bricker, Linda Galler, and Juliya L. Ismailov The Biden administration is scrambling to finish unfinished tax business –...

On December 4, 2024, the District Court for the Eastern District in the T exas Top Cop Shop, Inc. v. Garland  case issued a nationwide...

By: William L. Bricker, Jr. On December 3, 2024, the U.S. District Court for the Eastern District of Texas, issued an order granting a...

By: William L. Bricker, Jr. As we reported on December 24, 2024. FinCEN Corporate Transparency Act (“CTA”) reporting was reinstituted by...

By: William L. Bricker, Jr. FinCEN Corporate Transparency Act (“CTA”) reporting was reinstituted by a decision of the Federal Court of...