News & Insights

The U.S. Department of the Treasury announced it will not enforce penalties under the Corporate Transparency Act for U.S. citizens and domestic companies.

The Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements are back in effect. A recent court ruling lifted previous nationwide injunctions, and FinCEN has extended the filing deadline to March 21, 2025, for most entities.

As part of the proposed $115.6 billion state budget for fiscal year 2025-26, Governor DeSantis has outlined a plan to eliminate Florida's longstanding commercial rent sales tax.