The Trump Administration is in a unique position of historic opportunity to provide much-needed relief to millions of American Small Businesses from the burdensome, complex, and unconstitutional Corporate Transparency Act (CTA).
Welcoming a newly re-inaugurated President Trump back to the White House, NSBA joined a number of other advocacy organizations representing more than 70 million Small-Business owners in urging action from the Administration to address confusion and uncertainty surrounding the Corporate Transparency Act (CTA).
Challenging the unconstitutionality of the law, NSBA, alongside a number of other groups and plaintiffs in various federal court districts and appellate circuit courts, were victorious in securing rulings against the CTA.
Two federal cases in Texas resulted in nationwide injunctions over filing requirements due under the law; one injunction issued in Texas Top Cop Shop v. Garland was cancelled by the Supreme Court on January 23, 2025, pending the results of the government’s appeal.
Another injunction from a separate federal case against the CTA remains in place nationwide, however, without swift action to indefinitely delay implementation of the CTA, millions of American entrepreneurs may soon find themselves noncompliant and subject to hefty penalties, even as several lawsuits remain pending.
This adds to the mountain of confusion covered entities already face, as various deadlines and filings obligations have shifted in just the past few weeks.
The Trump Administration is in a unique position of historic opportunity to provide much-needed relief to millions of American Small Businesses from the burdensome, complex, and unconstitutional CTA.
NSBA and the Small-Business community urge the new Administration to take swift action to delay the implementation and enforcement of the CTA indefinitely, or at least until the legal cases challenging its validity have been fully resolved.
