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Yet Another CTA Update: #3

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  • Yet Another CTA Update: #3

Yesterday I posted a Corporate Transparency Act (CTA) update advising that a 3-judge panel of the Fifth Circuit Court of Appeals had cancelled the nationwide injunction on CTA enforcement issued by a district court. FinCEN then quickly announced a new January 13 compliance deadline.

Well . . .

Stop‘Twas the night after Christmas, when all through the house, not a creature was stirring, not even a mouse . . . BUT, BOY HOWDY, the Fifth Circuit in New Orleans was stirring. Last night, just hours after sending my latest update another 3-judge panel reinstated the nationwide injunction until the full 17-judge court can hear the matter.

I regret the confusion, but believe I have an obligation to keep my affected readers informed.

For the time being, CTA is back on hold (you may voluntarily comply, if you wish). Stay tuned.

Earlier Updates

Original Background on CTA

Update #1

Update #2

 

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Posted on December 27, 2024 by bob mason Filed Under: Corporate Transparency Act, Estate Planning, Reader Favorites, Uncategorized Tagged With: Corporate Transparency Act, CTA, estate planning

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