Supreme Court Reinstates Business Registration Requirement
The Supreme Court reinstated a requirement for roughly 32.6 million small businesses to register with the Treasury Department, mandating personal information submission to combat financial crimes, reversing a Texas judge's ruling that blocked the 2021 Corporate Transparency Act.
Supreme Court Reinstates Business Registration Requirement
The Supreme Court reinstated a requirement for roughly 32.6 million small businesses to register with the Treasury Department, mandating personal information submission to combat financial crimes, reversing a Texas judge's ruling that blocked the 2021 Corporate Transparency Act.
Progress
40% Bias Score
Court Halts Corporate Transparency Act Enforcement, Leaving Business Owners in Limbo
A Texas court temporarily blocked enforcement of the Corporate Transparency Act's beneficial ownership reporting requirement, but the Treasury Department is appealing, leaving businesses uncertain about their filing obligations.
Court Halts Corporate Transparency Act Enforcement, Leaving Business Owners in Limbo
A Texas court temporarily blocked enforcement of the Corporate Transparency Act's beneficial ownership reporting requirement, but the Treasury Department is appealing, leaving businesses uncertain about their filing obligations.
Progress
44% Bias Score
Treasury Delays Deadline for Small Business Beneficial Ownership Reporting
The U.S. Treasury extended the deadline for millions of small businesses to file a Beneficial Ownership Information report to Jan. 13, 2025, due to legal challenges; about 30% of estimated businesses had filed by Dec. 1, 2024.
Treasury Delays Deadline for Small Business Beneficial Ownership Reporting
The U.S. Treasury extended the deadline for millions of small businesses to file a Beneficial Ownership Information report to Jan. 13, 2025, due to legal challenges; about 30% of estimated businesses had filed by Dec. 1, 2024.
Progress
44% Bias Score
Fifth Circuit Reinstates Corporate Transparency Act Reporting Requirements
A federal appeals court overturned a lower court's injunction, reinstating the requirement for most businesses to file Beneficial Ownership Reports (BOI) under the Corporate Transparency Act (CTA) by January 1, 2025, creating immediate compliance challenges.
Fifth Circuit Reinstates Corporate Transparency Act Reporting Requirements
A federal appeals court overturned a lower court's injunction, reinstating the requirement for most businesses to file Beneficial Ownership Reports (BOI) under the Corporate Transparency Act (CTA) by January 1, 2025, creating immediate compliance challenges.
Progress
52% Bias Score
Holiday Travel Chaos Looms Amidst Potential Government Shutdown
The TSA anticipates screening almost 40 million travelers in the next two weeks, leading to potential travel delays, particularly on December 26, 27, and 30; a potential government shutdown could worsen this by reducing air traffic controllers and TSA agents.
Holiday Travel Chaos Looms Amidst Potential Government Shutdown
The TSA anticipates screening almost 40 million travelers in the next two weeks, leading to potential travel delays, particularly on December 26, 27, and 30; a potential government shutdown could worsen this by reducing air traffic controllers and TSA agents.
Progress
44% Bias Score
Chevron Doctrine Overruling Increases IRS Scrutiny and Tax Litigation
The Supreme Court's overturning of the Chevron Doctrine in June 2024 eliminated deference given to agency interpretations of statutes; this will increase tax litigation in 2025 as courts review agency actions and the IRS, with increased funding from the Inflation Reduction Act, enforces regulations ...
Chevron Doctrine Overruling Increases IRS Scrutiny and Tax Litigation
The Supreme Court's overturning of the Chevron Doctrine in June 2024 eliminated deference given to agency interpretations of statutes; this will increase tax litigation in 2025 as courts review agency actions and the IRS, with increased funding from the Inflation Reduction Act, enforces regulations ...
Progress
44% Bias Score
Supreme Court Lifts Injunction, Reinstates Corporate Transparency Act Reporting
The U.S. Supreme Court lifted a nationwide injunction blocking the enforcement of the Corporate Transparency Act's beneficial ownership reporting requirements on January 23, 2025, allowing the Treasury Department to resume enforcement pending further appeals of the law's constitutionality.
Supreme Court Lifts Injunction, Reinstates Corporate Transparency Act Reporting
The U.S. Supreme Court lifted a nationwide injunction blocking the enforcement of the Corporate Transparency Act's beneficial ownership reporting requirements on January 23, 2025, allowing the Treasury Department to resume enforcement pending further appeals of the law's constitutionality.
Progress
36% Bias Score
Fifth Circuit Reinstatement of Injunction Halts Corporate Transparency Act Enforcement
A U.S. District Court injunction blocking enforcement of the Corporate Transparency Act's beneficial ownership reporting requirements was reinstated by a Fifth Circuit Court of Appeals merits panel on December 26, 2024, creating uncertainty for millions of businesses and leaving compliance voluntary...
Fifth Circuit Reinstatement of Injunction Halts Corporate Transparency Act Enforcement
A U.S. District Court injunction blocking enforcement of the Corporate Transparency Act's beneficial ownership reporting requirements was reinstated by a Fifth Circuit Court of Appeals merits panel on December 26, 2024, creating uncertainty for millions of businesses and leaving compliance voluntary...
Progress
60% Bias Score
Treasury Delays Deadline for Beneficial Ownership Reporting to January 2025
The U.S. Treasury delayed the deadline for millions of small businesses to file a Beneficial Ownership Information report to January 13, 2025, due to legal challenges; about 30% of the estimated 32.6 million eligible businesses had filed by December 1, 2024.
Treasury Delays Deadline for Beneficial Ownership Reporting to January 2025
The U.S. Treasury delayed the deadline for millions of small businesses to file a Beneficial Ownership Information report to January 13, 2025, due to legal challenges; about 30% of the estimated 32.6 million eligible businesses had filed by December 1, 2024.
Progress
44% Bias Score
Fifth Circuit Reinstates Corporate Transparency Act, Extends Filing Deadline
A Fifth Circuit ruling on December 23, 2024, lifted a nationwide injunction against the Corporate Transparency Act (CTA), requiring companies to submit beneficial ownership information by January 13, 2025, after FinCEN extended the deadline; this follows a lower court's injunction and subsequent app...
Fifth Circuit Reinstates Corporate Transparency Act, Extends Filing Deadline
A Fifth Circuit ruling on December 23, 2024, lifted a nationwide injunction against the Corporate Transparency Act (CTA), requiring companies to submit beneficial ownership information by January 13, 2025, after FinCEN extended the deadline; this follows a lower court's injunction and subsequent app...
Progress
40% Bias Score
Nationwide Injunction Halts Controversial Small Business Reporting Rule
A nationwide injunction temporarily blocks the Treasury Department's enforcement of a controversial beneficial ownership information rule affecting millions of small businesses and other entities, requiring them to register personal data with FinCEN and facing daily fines and jail time for non-compl...
Nationwide Injunction Halts Controversial Small Business Reporting Rule
A nationwide injunction temporarily blocks the Treasury Department's enforcement of a controversial beneficial ownership information rule affecting millions of small businesses and other entities, requiring them to register personal data with FinCEN and facing daily fines and jail time for non-compl...
Progress
56% Bias Score