The Unfair Burden of Corporate Transparency Act Compliance The Corporate Transparency Act (CTA) was introduced with the intent to combat financial crimes like money laundering and tax evasion. However, its implementation has placed an unreasonable burden on small business owners. The CTA’s requirement for businesses to disclose beneficial ownership information to the Financial Crimes Enforcement […]
Category: The Corporate Transparency Act Free Content
The Erosion of States’ Rights: How the Federal Government is Hijacking Business Regulation
As a staunch defender of states’ rights and limited government, I’m compelled to sound the alarm on the federal government’s creeping overreach into the realm of business regulation. For centuries, states have had the power to govern and regulate their own businesses, but recent developments threaten to upend this long-standing tradition. The only businesses that […]
The Corporate Transparency Act: A Violation of the Fourth Amendment
The Corporate Transparency Act (CTA) has been at the center of controversy, with many arguing that it violates the Fourth Amendment of the U.S. Constitution. The Corporate Transparency Act is in violation of the Fourth Amendment because it requires business owners to submit sensitive business information over without reasonable cause. The purpose of the Corporate […]
How the Government is Putting Small Businesses at A Disadvantage: The Corporate Transparency Act
The Corporate Transparency Act (CTA) has been touted as a measure to combat money laundering and financial crimes, but beneath its surface lies a more insidious reality: the Corporate Transparency Act puts small business at a significant competitive disadvantage. By requiring these businesses to disclose sensitive information, the CTA exposes them to increased risk and vulnerability, particularly concerning their intellectual property and patents. The Unfair Burden on Small Businesses The CTA mandates that small businesses file Beneficial Ownership Information Reports […]
The Dangers of The Corporate Transparency Act: Destorying Small Business Freedom
The Corporate Transparency Act (CTA), which went into effect on January 1, 2024, requires small businesses to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. This new regulation has sparked concerns among small business owners, who see how this act could lead to […]
Corporate Transparency Act Ruled Unconstitutional: What Small Businesses Need to Know
Breaking News: Corporate Transparency Act Deemed Unconstitutional On March 1, 2024, a federal judge in Alabama made a groundbreaking decision, ruling the Corporate Transparency Act unconstitutional. This ruling has sent shockwaves through the business community and legal circles alike. Key Reasons Behind the CTA Unconstitutional Ruling The court’s decision to declare the Corporate Transparency Act […]
Big Government’s Assault on Small Business – The Corporate Transparency Act
In an era where government overreach seems to know no bounds, the Corporate Transparency Act (CTA) stands as a stark reminder of Washington’s relentless intrusion into the lives of hardworking Americans. The CTA is continuing big government’s assault on small business. This misguided legislation, forced upon us by bureaucrats who’ve never run a business, threatens […]