FinCEN clarified that reporting companies are not currently required to file BOI reports and will not face penalties for failing to do so while the preliminary injunction remains in effect.

Then, FinCEN extended the reporting deadlines to file initial BOI reports, extending certain deadlines to January 13, 2025, or later. 1 Upcoming Litigation Deadlines ...

After a federal district court last week lifted the last nationwide injunction preventing FinCEN from enforcing BOI reporting deadlines under the Corporate Transparency Act (CTA), P.L. 116-283, the ...

Most small businesses required to file beneficial ownership information (BOI) reports will have until March 21 to do so after a federal district court lifted the last remaining nationwide injunction ...

Your business does not have to file the BOI with FinCEN. Not yet, anyway. ... On Dec. 3, 2024, a federal district court in Texas issued a nationwide preliminary injunction, ...

Reporting companies created or registered before January 1, 2024: The deadline has been extended to January 13, 2025 (originally January 1, 2025) for filing initial BOI reports with FinCEN.

The preliminary injunction that essentially “froze” the BOI reporting requirement was reversed on Dec. 23. On that day, the U.S. Court of Appeals for the Fifth Circuit granted the U.S ...

Two challenges to the law requiring more than 30 million small- and medium-sized businesses to report ownership information are waiting appeals.

A federal court in Texas on Dec. 3 had issued a nationwide preliminary injunction that temporarily blocked FinCEN from enforcing the rule. However, the 5th U.S. Circuit Court of Appeals reversed ...

Reporting companies created or registered before January 1, 2024: The deadline has been extended to January 13, 2025 (originally January 1, 2025) for filing initial BOI reports with FinCEN.

Your business does not have to file the BOI with FinCEN. Not yet, anyway. ... On Dec. 3, 2024, a federal district court in Texas issued a nationwide preliminary injunction, ...