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Important New Ruling Regarding the Corporate Transparency Act

On March 1, 2024, a U.S. District Judge in Alabama issued a judgment declaring that the Corporate Transparency Act (CTA) is unconstitutional because it exceeds the Constitution’s limits on Congress’ power. Further, FinCEN is permanently enjoined from[..]

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March 2024 State Holidays

Please see below for a list of March 2024 state holidays and office closures. State filing offices occasionally make last-minute changes to their holiday closing schedules. We will update this list as we become aware of any such changes.

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February 2024 State Holidays

Please see below for a list of February 2024 state holidays and office closures. State filing offices occasionally make last-minute changes to their holiday closing schedules. We will update this list as we become aware of any such changes.

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January 2024 State Holidays

Please see below for a list of January 2024 state holidays and office closures. State filing offices occasionally make last-minute changes to their holiday closing schedules. We will update this list as we become aware of any such changes.

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Updating Beneficial Ownership Information with FinCEN

In previous blog posts, we've addressed the immediate changes taking effect in January of 2024. The Corporate Transparency Act (CTA) not only alters the process of establishing a new business entity, it also mandates that Beneficial Ownership[..]

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December 2023 State Holidays

Please see below for a list of December 2023 state holidays and office closures. State filing offices occasionally make last-minute changes to their holiday closing schedules. We will update this list as we become aware of any such changes.

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FinCEN Extends Deadline for Companies Created or Registered in 2024 to File BOI Reports

THIS JUST IN: The Financial Crimes Enforcement Network (FinCEN) is extending the deadline for certain reporting companies to file their initial beneficial ownership information (BOI) reports. Specifically, reporting companies created or registered in[..]

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CLAS Launches Corporate Transparency Act (CTA) Reference Center

CLAS Information Services (CLAS) is committed to keeping our valued clients, and all of our colleagues working in the corporate and legal communities, informed about the developments of the Corporate Transparency Act (CTA) and how it will affect[..]
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Business Lawyers, the Corporate Transparency Act and New York State’s Response

Our guest blog post, authored by Tom Pitegoff, was previously published as an article in the New York Law Journal under the title, “Business Lawyers, the Corporate Transparency Act and New York State’s Response.” Published on August 2, 2023, in the[..]

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Businesses Beware: Penalties for Failure to Comply with Reporting Requirements of the Corporate Transparency Act

Today on the CLAS blog, we are pleased to bring you an article written by Norris McLaughlin, P.A. Associate Rocco Beltrami and co-authored by Member, John Lushis. Jr. Mr. Beltrami and Mr. Lushis Jr. offer an overview of the Corporate Transparency Act[..]

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