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Corporate Transparency Act: Federal Government Files Notice of Appeal in Alabama Ruling

On March 1, 2024, an Alabama federal court issued a ruling in National Small Business United v. Yellen in the plaintiffs’ favor. As expected, on March 11, 2024, the Federal government filed a notice of appeal in the case. For more information on the underlying ruling, read our Business Minute article, Alabama Federal Ruling Exempts Certain Parties from Corporate Transparency Act Compliance.”

A copy of the Federal government’s notice of appeal is available here.

To review additional guidance on complying with the Corporate Transparency Act, please contact your usual Boardman Clark attorney or read our Business Minute articles, What Businesses Need to Know About the Corporate Transparency Act (CTA)” and FinCEN Final Rule on Beneficial Ownership Information Reporting.”

DISCLAIMER: The information provided is for general informational purposes only. This post is not updated to account for changes in the law and should not be considered tax or legal advice. This article is not intended to create an attorney-client relationship. You should consult with legal and/or financial advisors for legal and tax advice tailored to your specific circumstances.

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