Congress Gives First Hints of New Tax Bill

Congress Gives First Hints of New Tax Bill

Jason Smith, Ways and Means Chairman, has taken to the media to start stumping and communicating priorities and positions for the eventual tax bill coming from Congress. Here are a few things I’ve heard consistently throughout the final week of January. 1. Pass the...
Texas Governor Calls for Cyber Command

Texas Governor Calls for Cyber Command

During his annual State of the State address on Sunday, February 2nd, Texas Governor Greg Abbott revealed plans to establish the Texas Cyber Command, which will be based in San Antonio. This new command will develop a strategy to tackle the state’s cyber...
Corporate Transparency Act Update:  Reporting under the CTA is still paused due to a second nationwide injunction. FinCEN clarifies that it cannot currently enforce BOI reporting, making filing of BOI reports voluntary at this time.

Corporate Transparency Act Update:  Reporting under the CTA is still paused due to a second nationwide injunction. FinCEN clarifies that it cannot currently enforce BOI reporting, making filing of BOI reports voluntary at this time.

On Friday, January 24, 2025, the Financial Crimes Enforcement Network (“FinCEN”) issued the following Alert regarding the current state of filing requirements under the CTA: In light of a recent federal court order, reporting companies are not currently required to...