To File or Not to File? The Ongoing Uncertainty of the Corporate Transparency Act’s Beneficial Ownership Information Report Filing RequirementWhen Helping Hurts: Illinois Federal Court Finds Retailer May Have Assumed a Legal Duty by Assisting Customer

Overview of the Corporate Transparency Act and the Beneficial Ownership Information Report’s Original Filing Requirement In 2020, Congress passed the Corporate Transparency Act (CTA) to reduce money laundering and illicit flows of funds. Under the Act, business entities formed or registered to do business in the United States that are considered a Reporting Company were […]