NSBA News

News

NSBA prioritizes policies that encourage robust small-business contract participation in the federal marketplace.

Partners

As cyber threats escalate, businesses face significant risks of security breaches and financial losses.

News

NSBA urges Congress to ensure that Small Businesses aren’t left on the hook for a massive tax hike in the budget resolution bill.

News

NSBA urges Congress to pass H.R. 736 to delay the Corporate Transparency Act (CTA).

Press

More than 150 Small-Business owners came together to learn about, discuss, and ratify NSBA's Priority Issues through the 119th Congress.

News

NSBA members are doing big things at Small Business Congress 2025! Follow here for live updates o the action from Washington.

Regulatory Rundown

The first two weeks of President Trump’s second term have seen a flurry of executive orders. Here's what small business needs to know.

Press

Small businesses deserve clarity and certainty when it comes to spending and federal funding.

News

The Trump Administration is in a unique, historic position to support Small Business and eliminate government waste with repeal of the CTA.

Press

NSBA applauds Congress for prioritizing Small Business with their commodities legislation.

News

Confusion and chaos on the status of the Corporate Transparency Act continues to unduly affect Small Business.

Press

Despite potential reinstatement of reporting requirements, NSBA continues to urge Congress and lawmaker to act to repeal the CTA.

News

NSBA stands firmly for Small Business against the Corporate Transparency Act (CTA).

News

The Section 199A deduction is scheduled to sunset at the end of 2025, posing countless risks and opaque threats to Small Business.

Regulatory Rundown

Subscribe, and stay ahead of Small-Business rules and laws with NSBA's Regulatory Rundown!

News

The Corporate Transparency Act (CTA) must be delayed, dismantled, and repealed in the courts, by executive action, or on Capitol Hill.

Press

A fully staffed SBA Office of Advocacy is essential to supporting the Small-Business community, and NSBA looks forward to working with Nomin

News

CTA rulings may be unclear, but NSBA’s objective remains certain: delay or repeal this unconstitutional law by any means.

Hill Outreach

Creation of government databases should not come at a cumbersome, costly, breaching, or confusing toll for Small Business.

Hill Outreach

NSBA continues to advocate for common sense rulemaking that is not overly broad or duplicative, supporting safe choices for Small Business.

News

NSBA remembers and celebrates President Jimmy Carter, especially his work and legacy for Small Business.

Regulatory Rundown

Keep up with the latest from Washington with NSBA's Regulatory Rundown - subscribe today!

News

New year, new Congress - new push for prioritizing Small Business on Capitol Hill and across Washington.

News

Expanded opportunities for Small-Business contracting remains a priority issue for NSBA.

News

The NSBAi Task Force is focused on ensuring small businesses are protected and empowered in the rapid scale up of AI infrastructure and integration in the U.S.

Press

The ruling comes as the Corporate Transparency Act has faced a roller-coaster ride in recent weeks

Press

On December 23, 2024, The Fifth Circuit Court of Appeals lifted the injunction placed on Beneficial Ownership Information (BOI) reporting by a District court on December 3, 2024.

Press

Reinstatement of the nationwide injunction over the Corporate Transparency Act (CTA) means, once again, no BOI reports are due...for now.

Press

A last minute order from the Fifth Circuit has vacated an order granting a stay of the district court’s preliminary injunction barring the government from enforcing the Corporate Transparency Act.

News

Down to the wire, requirements under the CTA should not be a continued source of confusion for Small-Business owners.

Press

With days to go before the beneficial ownership information (BOI) reporting deadline, the U.S. Fifth Circuit has granted the government’s emergency motion for a stay pending the appeal.

Press

We last visited the pending January 1, 2025, deadline to file the new Beneficial Ownership Information ("BOI") report in my article, With Deadline Looming, FINCEN's Beneficial Ownership Information Reporting Is A Hot Mess (Dec. 9, 2024). At that time, a U.S. District Court had issued a nationwide preliminary injunction prohibiting FINCEN from enforcing the BOI filing requirement. The article warned that the Treasury Department would be taking an appeal and that it was entirely possible that the preliminary injunction would be lifted.

Press

FinCEN has extended the Jan. 1, 2025, deadline for most reporting companies to file beneficial ownership information reports with the Treasury Department until Jan. 13, 2025, after a federal court of appeals lifted an injunction on Dec. 23 that had halted the new law.

Press

The U.S. Court of Appeals for the Fifth Circuit on Monday reinstated the enforceability of the Corporate Transparency Act and lifted the nationwide injunction issued by the district court judge earlier this month. In so doing, the court reinstated the Jan. 1, 2025, compliance deadline for most covered businesses to report their beneficial ownership information to the Financial Crimes Enforcement Network as required by the CTA.

Press

A federal court of appeals has lifted a lower court’s ruling hitting the pause button on the Corporate Transparency Act, effectively reinstating beneficial ownership information reporting requirements for small businesses.

Press

In our prior notes of December 4, 9, and 13, 2024, we reported that (1) a district court in Texas issued a nationwide injunction halting implementation of the Corporate Transparency Act (CTA), (2) the Financial Crimes Enforcement Network (FinCEN) acknowledged that companies need not file CTA mandated disclosures while that injunction remained in effect. Subsequently, the U.S. Department of Justice (DOJ) moved to stay the injunction pending appeal.

Press

On Dec. 3, 2024, Judge Amos L. Mazzant of the US District Court for the Eastern District of Texas issued a nationwide preliminary injunction prohibiting the government from enforcing the Corporate Transparency Act (“CTA”) and its implementing regulation (31 C.F.R. §1010.380 (“Reporting Rule”)) and enjoining enforcement of the filing deadlines thereunder. The CTA, which was enacted on Jan. 1, 2021, and the Reporting Rule require certain legal entities (known as “Reporting Companies”) to file a beneficial ownership information report (“BOI Report”) with the US Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”). [1] This ruling is noteworthy in light of the upcoming reporting deadlines under the CTA and Reporting Rule, which require that Reporting Companies formed or registered to do business in the US: (1) before Jan. 1, 2024, are required to file their initial BOI Report by Jan. 1, 2025; or (2) in 2024 are required to file their initial BOI Report within 90 days of formation or first registration.

Press

This Corporate Advisory provides a brief update on recent litigation regarding the Corporate Transparency Act (CTA) and its reporting requirements. It is not intended to, and does not, provide legal, compliance or other advice to any individual or entity. For a general summary of the CTA, please refer to our prior CTA Corporate Advisories from November 8, 2023, and September 17, 2024. Please reach out to your Katten attorney for assistance regarding the application of the CTA to your specific situation.

Press

On December 23, 2024, the Fifth Circuit Court of Appeals granted the Department of Justice’s motion to lift the December 3, 2024 injunction issued by the U.S. District Court for the Eastern District of Texas in Texas Top Cop Shop, Inc., et al. v. Garland, et al. Reporting companies are again required to file beneficial ownership information reports with the Financial Crimes Enforcement Network (FinCEN). The original deadline for some reporting companies was January 1, 2025; however, FinCEN has extended the deadline for certain companies to accommodate this change.

Press

An injunction against implementation and enforcement of the Corporate Transparency Act by the U.S. Treasury Department has been lifted as of late Monday, following the ruling of a three-judge panel of the 5th Circuit federal appeals court in New Orleans. Judges there felt Treasury was likely to ultimately win the appeal of a judge's ruling the CTA unconstitutional, and thus ordered the implementation timeline for the required filing of Beneficial Ownership Information by small businesses to continue.

Press

The Fifth Circuit Court of Appeals has reversed a temporary injunction against the Corporate Transparency Act (CTA). This means changes for

News

Shutdowns harm Small Business. NSBA is continuing to urge Congress to choose compromise for a spending plan ahead of expiration Dec. 20.

Press

Shutdowns harm Small Business. Full stop. NSBA urges Congress to choose compromise for a spending plan ahead of expiration Dec. 20.

Press

A judge in the U.S. District Court for the Eastern District of Texas has ruled that a nationwide preliminary injunction barring FinCEN from enforcing the Corporate Transparency Act (CTA) will stand while the government’s appeal winds its way through the court system.

News

NSBA Urges Congress to Pass CR, CTA Delay

Partners

Export resources and insights from NSBA's corporate Partner Ex-Im Bank.

News

The short-term spending bill includes NSBA-championed language to delay the CTA for one year for existing companies.

Partners

Transform your sales with the game-changing AI Reps from NSBA's newest partner for Small Business, Jeeva.ai.

Press

A MAJOR WIN FOR SMALL BUSINESS OVER THE CTA.

Regulatory Rundown

Stay ahead of the curve on Small Business rules and regulations with NSBA's Regulatory Rundown.

Press

The Financial Crimes Enforcement Network (FinCEN) has appealed the district court's ruling but confirmed that companies that would have been required to report under the CTA...

Press

Small businesses are not financial criminals; they are the backbone of the economy.

Press

Last week in a federal district court in Texas, Judge Amos Mazzant enjoined the United States Treasury from implementation and enforcement of the Corporate Transparency Act, which was signed into law in 2021 as part of that year's Defense reauthorization package.

News

Outlook and expectations for the Lame Duck session of Congress may not be big for many, but NSBA is keeping small business front and center

News

NSBA has played a critical role in providing the Department of Labor with information on how small businesses address disability inclusion i

Press

Yesterday, a Texas district court issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc. et al., v. Garland et al.,[1]enjoining enforcement of the Corporate Transparency Act’s reporting requirements. The CTA requires many businesses to report to the federal government the identity of their beneficial owners—that is, the stakeholders who own and control the business—on penalty of fines. The CTA is the first time corporate entities created under state law have been required to disclose such information to federal regulators.

Press

Yesterday, a Texas district court issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc. et al., v. Garland et al., enjoining enforcement...

Press

The US government appealed a Texas federal judge’s nationwide preliminary injunction that halted enforcement of the Corporate Transparency Act.

Press

A federal judge has placed on hold a new requirement for more than 32 million businesses to report ownership information by Jan. 1 or face fines of up to $10,000.

Press

Less than one month before the deadline for small businesses to report beneficial ownership information, a federal court has struck down the new requirement, taking companies off the hook … for now.

Press

The U.S. Treasury Department said it is appealing a ruling by a Texas judge blocking the implementation of a law intended to tamp down on the use of anonymous shell companies by criminals and other nefarious actors.

Press

Earlier this week, a judge in the U.S. District Court for the Eastern District of Texas threw the fate of the Corporate Transparency Act (CTA) into question, blocking the U.S. Department of Treasury from enforcing the beneficial ownership information (BOI) reporting requirements across the country.

Press

On December 3, 2024, the United States District Court for the Eastern District of Texas enjoined the Corporate Transparency Act (the "CTA") and the Reporting Rule implementing the CTA (the "December 2024 Order").

Press

A judge says the federal law has no constitutional basis and threatens First and Fourth Amendment rights.

News

This week, the House passed the Prove It Act - legislation to protect Small Business from unchecked, imbalanced rules and regulations.

Press

NSBA and our 65,000 members stand ready to work with Sen. Loeffler throughout the nomination process and beyond as she seeks to hear directl

News

A major win for Small Business over the Corporate Transparency Act (CTA) this week.

News

The injunction is a win against the Corporate Transparency Act for small-business owners everywhere.

News

The House is set to consider a number of items this week, including an NSBA-endorsed bill - the Prove it Act.

Regulatory Rundown

Stay two steps ahead with your small business - Subscribe to receive NSBA’s Regulatory Rundown!

Partners

Native American Heritage Month article reposted from the Ex-Im website, an NSBA Corporate Partner.

News

NSBA is looking forward to continuing to serve Small Business through 2025 with our new board members and Priority Issues.

News

Less than 50 days left to comply with the Corporate Transparency Act (CTA), and a majority of small-business owners still lack clarity.

News

With less than 50 days until the Jan. 1 deadline, NSBA is urging Treasury and FinCEN to clarify CTA obligations for small business.

Regulatory Rundown

Stay two steps ahead with your small business - Subscribe to receive NSBA’s Regulatory Rundown!

News

NSBA continues to track overtime rule rulings and updates from the Dept. of Labor.

Press

“So far, National Small Business Association v. U.S. Department of the Treasury is the only case where a trial court has upheld such a challenge.”

Regulatory Rundown

Exclusive regulatory analysis and insights to keep your small business ahead of the curve.

Partners

NSBA is proud to be a supporter of 2024 Small Business Saturday, Nov. 30 - the day following Black Friday.

News

There are less than 50 days to 2025. Double check your BOI disclosures due under the CTA.

News

Missed NSBA's Election Recap webinar? Catch the recording any time!

Partners

Reposted from the Ex-Im website, an NSBA Corporate Partner.

News

Learn more about the key regulations NSBA has been tracking and working on, and how the new Trump administration is likely to address these

Press

"We look to our newly elected leaders for common-sense legislating, civility and a commitment to move the country forward."

News

Join NSBA for an in-depth analysis of the 2024 general election on Tues., Nov. 12 at 11:00 a.m. EDT.

Regulatory Rundown

Stay two steps ahead with your small business - subscribe to NSBA's Regulatory Rundown!

Partners

Big support for small business with NSBA partner IHG Business Edge!

Regulatory Rundown

Stay two steps ahead with your small business with NSBA’s Regulatory Rundown!

News

Proposed amendments to the DFARS system lack clarity on certain key small-business issues and will diminish small-business participation.

News

Register for this SBA webinar on the Importance of Working Capital today!

News

SBA is still taking applications and hopes to secure Congressional funding in early November.

Press

For most business owners, the deadline to file beneficial ownership reports or corporate transparency reports is January 1, 2025, as long as the business was created before January 1, 2024.

Partners

Learn more about cybersecurity awareness training with ESET here.

Partners

How businesses handle disputes can significantly impact their success and relationships.

Press

It appears a new item must soon be added to the list of life’s certainties: “death, taxes and the CTA.”

Regulatory Rundown

Stay two steps ahead with your small business. Subscribe to receive NSBA’s Real-Time Regulatory Updates!

Press

The CTA lists 23 specific exemptions to filing BOI reports. Most of the exemptions apply to entities that are already subject to substantial federal reporting or regulatory requirements....

Press

Pursuant to the provisions of the Corporate Transparency Act (CTA), which became effective as of January 1, 2024, all domestic entities organized under the laws of a state prior to January 1, 2024.

Press

Various industry groups have filed lawsuits in multiple federal districts challenging the constitutionality of the Corporate Transparency Act (“CTA”). The first such suit, filed in the Northern District of Alabama, resulted in a ruling by the District Court that the CTA was unconstitutional because Congress lacked the authority to enact the CTA.

News

An appeal against NSBA's victory for Small Business over the CTA remains pending, and the fight against unconstitutionality continues.