Tag: FinCen

  • New Deadline of March 21, 2025

    New Deadline of March 21, 2025

    For BOI Filings with FinCen Corporate Transparency Act Reporting Requirements Back in Effect with Extended Reporting Deadline; FinCEN Announces Intention to Revise Reporting Rule Following the February 18, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336, the…

  • Corporate Transparency Act

    Corporate Transparency Act

    Beneficial Ownership Information Reporting Requirement Starting January 1, 2024, a significant number of businesses will be required to comply with the Corporate Transparency Act (“CTA). The CTA was enacted into law as part of the National Defense Act for Fiscal Year 2021. The CTA requires the disclosure of the beneficial ownership information (otherwise known as…