Alabama Judge Deems Federal Corporate Transparency Act Unconstitutional: Implications for Businesses and Farms Nationwide
Montgomery, Alabama – A judge in Alabama has blocked the implementation of the federal Corporate Transparency Act. The act, which requires businesses, including farms, to report ownership and management details to the federal government, was deemed unconstitutional by the judge. However, it’s important to note that this ruling only applies to the plaintiff in the case, the National Small Business Association, and its impact on other businesses across the country remains uncertain. Legal expert Amy Ebeling from the Ruder Ware law firm in Wisconsin suggests that businesses with upcoming filing deadlines should still consider complying … Read more