Corporate Transparency Act challenges still pending as SCOTUS term wraps up
The U.S. Supreme Court wrapped up its October 2025 term last week but has yet to reveal whether it will …
A Push to Boost the Pass-Through Deduction
After the One Big Beautiful Bill Act (OBBB) extended a provision allowing many small business owners to deduct 20% of …
House Committee Votes to ‘Gut’ Corporate Transparency Act
The House Committee on Financial Services voted 26-25 on April 21 to advance legislation that would limit Corporate Transparency Act …
Group Urges Supreme Court to Hear Corporate Transparency Act Case as Lawmakers Consider Repeal
The National Small Business Association (NSBA) is taking its fight against the Corporate Transparency Act (CTA) to the U.S. Supreme …
11th Circuit Upholds Corporate Transparency Act
In a major reversal, the U.S. Court of Appeals for the 11th Circuit has upheld the constitutionality of the Corporate …
OBBB Enhancements to Qualified Small Business Stock Rules
The One Big Beautiful Bill Act (OBBB) enhanced the federal tax exclusion for certain gain from qualified small business stock …
What Employees Are Counted for Purposes of COBRA’s Small Employer Exception?
QUESTION: We understand there is a small employer exception to COBRA for employers with fewer than 20 employees. What employees …
Small Business R&E Expensing Changes Explained
Small businesses with domestic research and experimental (R&E) expenses have new options under the 2025 Tax Act, or One Big …
House Panel Revisits Sarbanes-Oxley as Smaller Companies Cite Rising Burdens
As Republican lawmakers seek to reduce compliance burdens for public companies, Section 404(b) of the Sarbanes-Oxley Act of 2002 was …
Commissioner Peirce Explores Coming Shifts in SEC Priorities
At a Washington conference, Securities and Exchange Commission (SEC) Commissioner Hester Peirce said that under Chair Paul Atkins, the commission …