A Massive Win for Small Businesses
One particular achievement that has small businesses cheering is the Trump administration’s decision not to enforce the Corporate Transparency Act (CTA), a burdensome Biden-era reporting regulation that threatened Main Street with massive fines and even jail time for noncompliance.
JCN is proud to have led the effort to overturn this anti-small business attack. By stopping enforcement and formally suspending the CTA, Trump and Treasury Secretary Bessent have rescued American small businesses from a significant burden.