Beneficial Ownership Information Reporting: New Deadline March 21, 2025
Posted on Feb 25, 2025
by Sadie E. Dupont
Last week, a U.S. District Court in Texas lifted a prior injunction that paused Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). With the injunction lifted, the Financial Crimes Enforcement Network (FinCEN) is free to resume enforcing the BOI reporting requirement. FinCEN has announced that it has resumed mandatory BOI reporting […]