SBE Council Says Corporate Transparency Act Suspension Big Win for Small Firms, as Treasury Says it Will Not Be Enforced

The Small Business and Entrepreneurship Council (SBE Council) says the suspension of the Corporate Transparency Act (CTA) Beneficial Ownership Information (BOI) mandate is a massive win for smaller firms. The CTA was aggressively pursued during the Biden Adminstration, placing an unrealistic burden on smaller firms. Yesterday, Secretary of… Read More
Read more in: Politics, Legal & Regulation, Opinion | Tagged boi, cta, karen kerrigan, sbe council, Scott Bessent, us department of treasury