federal

Federal Court Blocks Corporate Transparency Act, Offering Relief to Farmers and Ranchers

Dan Agri-Business, American Farm Bureau Federation (AFBF), Beef, Cattle, Dairy, Legislative, National Cattlemen’s Beef Association (NCBA)

Farmers and ranchers have received a temporary reprieve from federal reporting requirements under the Corporate Transparency Act (CTA), thanks to a nationwide injunction issued by the U.S. District Court for the Eastern District of Texas. The ruling delays enforcement of the Beneficial Ownership Information (BOI) filing requirements, which were set to take effect on January 1, 2025. The CTA mandates …