Update 02/19/25: Corporate Transparency Act

Posted

On February 18, 2025, the U.S. District Court for the Eastern District of Texas granted FinCEN a stay order on its previously issued preliminary nationwide injunction on the enforcement of the Corporate Transparency Act (CTA). As a result, BOI reporting requirements are now mandatory.

FinCEN has provided notice that for the vast majority of reporting companies, the new deadline to file a BOI report is now March 21, 2025. In the deadline extension notice, FinCEN stated it will provide an update before March 21, 2025 of any further modification of the deadline, recognizing that reporting companies may need additional time to comply with their BOI reporting obligations once this update is provided.

Read more: CTA Info – Mullen & Henzell – Law Firm Santa Barbara, California

What's New

February 19, 2025

Update 02/19/25: Corporate Transparency Act

On February 18, 2025, the U.S. District Court for the Eastern District of Texas granted FinCEN a stay order on its previously issued preliminary nationwide injunction on the enforcement of...

Read More
January 24, 2025

Update 01/23/25: Corporate Transparency Act

On January 23, 2025, the Supreme Court granted the government’s request to lift a nationwide injunction issued by the U.S. District Court for the Eastern District of Texas that paused...

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