Tag Archives: Finance

Small biz advocacy group wins court challenge against the Corporate Transparency Act

NEW YORK (AP) — The National Small Business Association has successfully challenged a law designed to combat money laundering but that small businesses contend is too burdensome. A federal court in Alabama on March 1 ruled that the Corporate Transparency Act is unconstitutional. The law requires businesses to report owners and beneficial owners to an agency called the Financial Crimes …

Read More »