On December 3, 2024, Judge Amos Mazzant of the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (CTA) in Texas Top Cop Shop v. Garland et al. The CTA, effective January 1, 2024, requires most U.S. and foreign entities registered to do business in the U.S. to report their beneficial ownership information (BOI) to the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) by January 1, 2025.

The Court found that the CTA imposes significant compliance costs on businesses without sufficient safeguards against data misuse. It also emphasized that corporate regulation has traditionally been a state function and ruled that the federal government had not demonstrated the CTA falls within Congress’s constitutional powers. As a result, the Court deemed the act likely unconstitutional.

What Does This Mean for Business Owners?

• For businesses that have already filed BOI reports:
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Continuing Education Units (CEUs) are vital for chiropractors to maintain their licenses and stay current with industry advancements. Tools of Practice in Yarmouth, MA, offers a comprehensive range of CEU courses designed to meet the needs of chiropractic professionals. This article explores the benefits of choosing Tools of Practice for your CEU requirements.

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The courses are taught by experienced and knowledgeable instructors who bring valuable insights and practical knowledge to the learning experience. Their expertise ensures high-quality education.

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Online Learning

Tools of Practice provides online CEU courses, allowing chiropractors to stu...