UPDATE: The Corporate Transparency Act May Still Apply to You
On March 1, a district court judge ruled that the Corporate Transparency Act (CTA) is unconstitutional. However, his decision applied only to the...
November 16, 2015 — An accountable plan allowance is an arrangement whereby the employer pays an employee a fixed amount or a formula based amount of money to be used for employment-related expenses. The employee must account for how the money is used. All or a portion of the allowance or arrangement is not subject to payroll withholding rules provided the necessary substantiation requirements are met … Read more at Bottom Line Newsletter 2015.
On March 1, a district court judge ruled that the Corporate Transparency Act (CTA) is unconstitutional. However, his decision applied only to the...
Bookkeeping is strategically important for every business because financials form the foundation for daily operations and future planning....
In a decision issued March 1, 2024, U.S. District Court Judge Liles Burke ruled that the Corporate Transparency Act (CTA) is unconstitutional....