The Ohio-based We The People Convention (WTPC) and its president, Tom Zawistowski, have filed an amicus brief in the Fifth Circuit Court of Appeals case Texas Top Cop Shop Inc v. Garland in support of the plaintiffs challenging the Corporate Transparency Act, which went into effect this year.
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New Rule Could Cost Small Businesses $73.1 Billion over 10 Years
A legal challenge to new reporting requirements for small business owners, potentially costing them $73.1 billion over a decade, has begun with a request for preliminary injunction in a federal courtroom in Texas.
The National Federation of Independent Business, in a hearing, is seeking to stop the reporting requirements in the Corporate Transparency Act from implementation on Jan. 1.
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