The privacy and security of the personal information we maintain is of the utmost importance to Kotz Sangster Wysocki (“Kotz Sangster”).
On Monday, December 23rd, a federal appeals court issued a ruling reinstating reporting requirements under the Corporate Transparency Act (“CTA”), with the Treasury Department’s FinCEN extending key deadlines to accommodate the recent legal uncertainty.
Last week, the US District Court for Eastern District of Texas ruled on reporting under the Corporate Transparency Act, issuing a nationwide injunction against its enforcement. The CTA otherwise required entities to report Beneficial Ownership Information on or before January 1, 2025. While this injunction is not permanent, we will suspend filings for companies until the injunction is overturned on appeal.
The Grand Rapids Area Chamber of Commerce sent a group of ambassadors for a symbolic ribbon cutting to welcome the Michigan-wide firm to Grand Rapids.
Read the full article here.