The Fifth Circuit on December 26 vacated its December 23 stay of a Texas federal judge’s injunction against Corporate Transparency Act (CTA).
Although the merits panel still has the matter set for expedited appeal to the next available oral arguments panel, vacation of the prior stay with its ridiculous new CTA compliance deadline of January 13, one week before Trump’s inauguration, likely means Americans can now ignore this oppressive and unconstitutional law as i doubt very much Trump will enforce it.
Americans are tired of this unconstitutional BS and law and accounting professionals need to be smarter about advising on it.
