Court Revives Corporate Transparency Act and Employers Have New January 13 Reporting Deadline: 3 Things Employers Need to Do
By EsqSocial Corporation 27/12/24
A federal appeals court just reinstated employers’ reporting obligations under the Corporate Transparency Act (CTA), and the government responded by giving employers a new January 13 compliance deadline. Several weeks after a lower federal court halted enforcement of the Act that was originally set to take effect the first of the year, the 5th Circuit Court of Appeals issued a December 23 decision that allows the government to enforce the law while an appeal plays out. What do you need to know...
By: Fisher Phillips