Steven Smith

The United States District Court for the Eastern District of Texas has issued a preliminary injunction in Texas Top Cop Shop, Inc. v. Garland that halts the enforcement of the Corporate Transparency Act (CTA), which mandates certain companies to submit beneficial ownership information (BOI) reports to the Financial Crimes Enforcement Network (FinCEN). The government has appealed Judge Mazzant's ruling to the Fifth Circuit Court of Appeals.

HL Hinkle Law Firm More Hinkle Law Firm LLC, established on January 1, 1987, set out to transform Wichita’s legal landscape with a focus on business law, specializing in taxes, municipal finance, and corporate law. As clients’ needs evolved, the firm expanded its practice areas to include employment law, aviation, estate planning, litigation, and more, supporting both business and personal legal matters.

Revisions to the Form 5500 released earlier this year are about to make life a little easier for many small employers that sponsor defined contribution plans. Specifically, the revised form reflects a change to the methodology small employers must use to count participants for purposes of Form 5500 reporting and – most critically – the need for a plan audit. Before diving into this important policy change, let's review the current rules.