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Search OptionsBusinessSupreme Court Clarifies Religious Exemptions for Nonprofits
In a significant victory for faith-based nonprofit organizations, the U.S. Supreme Court issued a unanimous 9–0 decision in Catholic Charities Bureau, Inc. v. Wisconsin Labor & Industry Review Commission,1 holding that the State of Wisconsin violated the First Amendment when it denied a Catholic… IRS Filing Indicates Possible Shift in Enforcement of Restrictions on Political Endorsements by Nonprofits
In a significant development that could affect the operations and messaging of religious nonprofits, the Internal Revenue Service (IRS) recently filed a court document suggesting that pastors who endorse political candidates from the pulpit should not necessarily endanger their church’s tax-exempt… Tax-Exempt Status and Political Activity – Is Harvard Challenge a Concern for Your Organization?
Tax-exempt organizations of nearly every ilk must monitor recent activities targeting Harvard University to determine if those actions call for a reassessment and possibly redesign of operations and advocacy activities. While direct political involvement by exempt organizations have always had a… Narrowed CTA Scope Exempts U.S. Entities and U.S. Persons
An interim final rule was issued by the Financial Crimes Enforcement Network (“FinCEN”) on March 21, 2025, eliminating the reporting obligations that U.S. entities and U.S. persons formerly stood to bear under the beneficial ownership information (“BOI”) reporting requirements of the Corporate… Intellectual Property Awareness: Critical Element of Business Planning
I attended law school to become a patent attorney. I didn’t know at the time what that really meant, or even that patents are but one type of intellectual property (IP). I did know that an engineering career was not for me, but patent law could be a way to leverage my engineering background into an… President Trump’s DEI Ban Ruled Likely Unconstitutional – What Now?
On February 21, 2025, a U.S. District Judge in Baltimore, Maryland ruled that executive orders recently issued by President Trump to roll back Diversity, Equity, and Inclusion (“DEI”) programs likely violate the First Amendment. The judge temporarily blocked the enforcement of these executive… The CTA – Gone for Good for Most (For Now)
On Sunday, March 2, 2025, the Treasury Department announced that it has suspended enforcement of the Corporate Transparency Act (CTA) with respect to US citizens and domestic companies. This signals the likely death knell of the CTA for US based reporting companies and their owners after its… FinCEN Announces No Enforcement of March 21, 2025 Deadline to File BOI Report
The Department of Treasury’s Financial Crimes Enforcement Network (commonly known as “FinCEN”) announced February 27, 2025 “that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership… The CTA – It’s Back!
The CTA bounces back again. On February 18, 2025, the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.) granted the Department of Justice’s motion to stay an injunction that previously paused the effect of… The Yo-Yo Life of the CTA: Back in Play – Or Not
Yesterday, on January 23, 2025, the United States Supreme Court stayed one of the injunctions against enforcement of the Corporate Transparency Act (CTA) pending the completion of the appeal process at the Fifth Circuit Court of Appeals. Yet, a different nationwide injunction appears to remain in… CTA Update: Start/Stop Along the Twisty Road
Compliance with the Corporate Transparency Act apparently can wait a bit longer. On December 26, 2024, a panel of the Fifth Circuit Court of Appeals vacated the order of another panel of that same Court issued just a few days earlier that stayed an injunction on enforcement of the CTA. Head… CTA Update: Back in Business, For Now
The Corporate Transparency Act (CTA) comes back for more. On December 23, 2024, the Fifth Circuit Court of Appeals issued a stay of the preliminary injunction issued at the beginning of December that blocked enforcement of the CTA. Next steps cannot be fully predicted in this judicial battleground… |
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