Federal judges temporarily halted the Corporate Transparency Act, easing privacy concerns for small businesses.

Two federal judges have ruled in favor of small businesses, temporarily stopping the Corporate Transparency Act. The act, which was set to require certain businesses to report their owners to the government, faced legal challenges over privacy concerns. The judges' rulings have halted its implementation, providing relief to small business owners who argued it would be overly burdensome.

2 months ago
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