Nilson & Oord PLLC

12/23/2024

https://www.thetaxadviser.com/news/2024/dec/boi-injunction-lifted-reporting-deadline-is-jan-1-2025.html

The Fifth Circuit Court of Appeals on Monday granted a Department of Justice motion to lift an injunction imposed by a district court ruling Dec. 3 that deemed the Corporate Transparency Act and its BOI reporting rules “likely unconstitutional.”

12/11/2024

FBI ISSUES A PSA ON December 3, 2024--Criminals Use Generative Artificial Intelligence to Facilitate Financial Fraud!

The FBI is warning the public that criminals exploit generative artificial intelligence (AI) to commit fraud on a larger scale which increases the believability of their schemes. Generative AI reduces the time and effort criminals must expend to deceive their targets. Generative AI takes what it has...

12/05/2024

Finding the Corporate Transparency Act “likely unconstitutional,” a federal district court prohibited its enforcement and the enforcement of its accompanying regulations.