Alabama Federal District Court Rules the Corporate Transparency Act Unconstitutional — What Does It Mean for Your Business?
by Steven Land, Esquire and Craig Panholzer, Esquire On March 1, 2024, the United States District Court for the Northern District of Alabama (the “U.S. District Court”) ruled that the Corporate Transparency Act (the “CTA”) is unconstitutional, adding uncertainty to the CTA’s application to, and effect on, millions of businesses. The CTA, which went into […]