Trump Administration Defends Corporate Transparency Act

On February 5, 2025, the Trump administration filed an appeal and motion for stay against an Eastern District of Texas injunction that paused enforcement of the Corporate Transparency Act (CTA) filing deadline. If granted, the stay would extend the deadline by 30 days, allowing the Treasury Department to reassess filing requirements for lower-risk entities. The CTA, originally passed during Trump’s first term but implemented under Biden, has faced legal challenges, with some courts ruling it unconstitutional while others uphold it. While enforcement is currently paused, a stay or court ruling could reinstate the deadline at any time, prompting entities to consider filing preemptively to avoid last-minute complications.

Source: NatLawReview