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Treasury announces there will be no penalties or fines for failure to file CTA beneficial ownership reports and proposes to narrow...

Key takeaways FinCEN and Treasury announce that there will be no enforcement for failure to file beneficial ownership information reports with FinCEN by the March 21 deadline. Treasury announced intention to narrow the scope...more

CTA reporting requirements reinstated with March 21, 2025 deadline for most non-exempt reporting companies

As described in our previous client alert, on January 23, 2025, the Supreme Court of the United States stayed the nationwide injunction issued by a federal judge in Texas (Texas Top Cop Shop, Inc. v. McHenry—formerly, Texas...more

CTA Required Reporting Still on Hold: Recent Supreme Court ruling affects one CTA beneficial ownership case, but other case...

Key takeaways TLDR: No mandatory BOI/CTA filing yet, but stay tuned pending resolution of a second case and subsequent FinCEN guidance. On January 23, 2025, the Supreme Court of the United States stayed the nationwide...more

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