Beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are once again back in effect. In the latest in a line of dizzying decisions surrounding the CTA, in Smith v. U.S....more
On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit lifted a Texas District Court’s preliminary injunction that had temporarily paused enforcement of the Federal Corporate Transparency Act (CTA) nationwide...more
12/27/2024
/ Appeals ,
Beneficial Owner ,
Business Entities ,
Corporate Transparency Act ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Reporting Requirements ,
Stays ,
Time Extensions
As we continue to monitor the future of the Federal Corporate Transparency Act (the CTA), which requires certain businesses to file a report disclosing their beneficial owners to the U.S. government, new developments in both...more
The Corporate Transparency Act (CTA) has introduced new reporting requirements, affecting businesses nationwide. Mandatory compliance is now in place, with certain entities required to submit reports within a 90-day...more
The Financial Crimes Enforcement Network (FinCEN) issued a proposal to amend the beneficial ownership information (BOI) reporting rule, which would extend the deadline for certain reporting companies to file their BOI...more
As we move into the second half of the year, it is increasingly important for your business to start preparing for the Financial Crimes Enforcement Network’s (FinCEN) rollout of the Corporate Transparency Act (CTA)....more