ASAToday for July 3rd, 2025

Update: The Suspended Corporate Transparency Act Brief Summary: The U.S. District Court for the Eastern District of Texas granted a nationwide injunction suspending enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) Reporting Rule.  The injunction suspends obligations to file initial BOI reports by January 1, 2025.  The court found that…

This Week in Congress Both chambers of Congress returned to Washington this week following their Thanksgiving break, and they have three weeks of work before the end of the 118th Congress to finalize government spending and wrap up negotiations on the annual defense policy bill.  Speaker Johnson (R-LA) is pushing for a short-term funding extension…