Treasury Halts Enforcement of Corporate Transparency Act: What It Means for Businesses

Treasury Halts Enforcement of Corporate Transparency Act: What It Means for Businesses The government’s plan to stop shell companies just hit a snag. The Financial Crimes Enforcement Network (FinCEN) has paused enforcing the Corporate Transparency Act (CTA) for some businesses. This move throws a wrench into efforts to stop using shell companies for illegal stuff….