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March Madness Is Usually All About College Basketball, But It Turns Out That the Corporate Transparency Act Is Taking Center Stage This Month

By Larry Brant on March 23, 2025
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NewsflashIt was about 5:30 p.m. PT last Friday, March 21, 2025, and I was about to sign off from my computer after a long week and turn my attention to college basketball, when I received an email from FinCEN.  The message was that FinCEN had issued an interim final rule relative to the Corporate Transparency Act (“CTA”). 

I am embarrassed to admit that my curiosity got the best of me.  Rather than jump into a weekend of exciting college basketball, I chose to read the 36-page interim final rule (the “IFR”).  Yes, I am a bit consumed with the saga of the CTA.  However, thanks to my cable provider, my DVR had been busy all day recording the games.  So, after scouring the IFR, I was able to enjoy a late night of college hoops.

  • Posted in:
    Tax
  • Blog:
    Larry's Tax Law
  • Organization:
    Foster Garvey PC
  • Article: View Original Source

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