Search Results for: corporate transparency act

FinCEN Will Not Enforce Corporate Transparency Act Requirements at This Time

Posted on March 3, 2025 by tiffany.dowelllashmet

Once again, there is a new update related to the status of the Corporate Transparency Act (CTA). New Update and Deadline On Monday, February 17, 2025, the United States District Court for the Eastern District of Texas lifted the nationwide injunction in Smith v. U.S. Department of the Treasury that prevented the beneficial ownership requirements of the Corporate Transparency Act from going into effect. This was the final nationwide injunction in place pausing the reporting requirements. In light of this ruling, the United States Department of Treasury Financial Crimes Enforcement… Read More →

BREAKING NEWS: Court Lifts Injunction; Corporate Transparency Act Reporting Deadline January 13, 2025

Posted on December 24, 2024 by tiffany.dowelllashmet

*Update: On January 23, 2025, the United States Supreme Court lifted the nationwide injunction in Texas Top Cop Shop, LLC v. Garland. However, a nationwide injunction entered by the United States District Court for the District of Texas remains in place in a separate case, Smith v. US Department of Treasury. In ight of that, at this time the reporting deadlines are not in place and the requirement is not being enforced. For the most up to date information, click here. Santa Claus is not the only one… Read More →

UPDATE: Corporate Transparency Act Reporting Reporting Deadline Now January 13, 2025

Posted on December 2, 2024 by tiffany.dowelllashmet

Reporting Required for Entities Under Corporate Transparency Act

Posted on January 16, 2024 by tiffany.dowelllashmet

***UPDATE*** On December 3, 2024, a federal judge in Texas issued a nationwide preliminary injunction in Texas Top Cop Shop, Inc. v. Garland halting the enforcement of the Corporate Transparency Act and staying the beneficial ownership reporting deadline. [Read Order here.] However, on December 23, 2024, the United States Court of Appeals for the Fifth Circuit issued a stay of that injunction pending appeal. That means that the Corporate Transparency Act reporting requirements are in effect. FinCEN announced that it will briefly extend the deadlines given the short… Read More →

Yet Another Corporate Transparency Update: Injunction Reinstated

Posted on December 27, 2024 by tiffany.dowelllashmet

Ag Law Year in Review – National

Posted on December 16, 2025 by tiffany.dowelllashmet

Once again, it has been a busy year in agricultural law. There was so much to choose from, narrowing the list down to the top 10 issues proved challenging. With that caveat, here is our list of the top national legal issues for 2025. For those of you that prefer an audio option, much of this is discussed in our Ag Law in the Field Podcast Year in Review episode that will be available later this week! Congress Passed Permanent Increase to Lifetime Exemption for Estate Taxes In… Read More →

April 4, 2025 Weekly Round Up

Posted on April 4, 2025 by tiffany.dowelllashmet

We are back with another list of ag law stories in the news! *The great pig war of Matagorda County. Texas Monthly recently published an article on a dispute involving a pig farm and neighboring landowners in Matagorda County. This dispute centers around the application of the Texas Right to Farm statute. [Read article here.] *FIinCEN publishes new interim final rule; only foreign entities required to file. Our rollercoaster ride seems to have come to completion with regard to beneficial ownership reporting under the Corporate Transparency Act. Last week,… Read More →

March 7, 2025 Weekly Round Up

Posted on March 7, 2025 by tiffany.dowelllashmet

Happy March! We are here with another rundown of some of the biggest agricultural law stories in the news from the past couple of weeks. * Treasury department announces suspension of Corporate Transparency Act reporting for US citizens and domestic companies. It would not be a weekly round up if we did not include news about the Corporate Transparency Act (CTA). The US Department of Treasury announced that it will not be enforcing or assessing penalties for those failing to comply with the reporting requirements of the CTA at… Read More →

February 21, 2025 Weekly Round Up

Posted on February 21, 2025 by tiffany.dowelllashmet

It has been a frigid week here in Texas. We hope everyone has stayed safe and warm. Here are some of the agricultural law stories from around the country. * Final Corporate Transparency Act injunction lifted; reporting requirement back in place with March 21 deadline. The rollercoaster ride continues. On Monday, a federal judge in Texas lifted the final nationwide injunction pausing the Corporate Transparency Act reporting requirements for entities around the country. This means that entities are required to report their beneficial ownership information to FinCEN. On… Read More →

Recent Podcasts and Interviews

Posted on February 18, 2025 by tiffany.dowelllashmet

Hello from a very chilly 7 degree day in the Texas Panhandle! Today, we are going to share a couple of articles I have written and interviews I have done lately. Basically Famous Podcast Many of you know Tyler Schuster, the host of the Basically Famous podcast. She asked me to be a guest on her show to chat about my life and career, some lessons I have learned along the way, mentorship, and more. You can listen to our conversation here. Ag industry sees legal changes in… Read More →