Treasury Announces Temporary Non-Enforcement of BOI Filing Requirements and Planned Permanent Exemption for Domestic Entities.

OR – How Are the Weather and CTA Alike?  Just Wait a Minute and It Will Change. The Treasury Department announced...

When is a deadline not a deadline?

FinCEN announces non-enforcement policy for late-filed BOI reports until after new final rule adopted. On February 27, FinCEN announced that...

BOI Reporting Lives Again – For Now.

March 21, 2025, is the new due date, but litigation and pending legislation could change it – again. Earlier this...

Courthouse Rock? Injunction Junction

The Supreme Court has stayed one of the nationwide injunctions barring implementation of the Corporate Transparency Act. Its decision this...

Corporate Transparency Act – Update: December 27, 2024

Do You Have Whiplash Yet? (5th Circuit Court of Appeals Reinstates Injunction against CTA) On December 27, 2024, the US...

Corporate Transparency Act – Update: December 23, 2024

5th Circuit Appeals Court Issues Temporary Stay of Preliminary Injunction. On December 23, 2024, the US Court of Appeals for...

Corporate Transparency Act – Update: December 9, 2024

Treasury acknowledges effect of preliminary injunction and stay of filing “while the order remains in place.”   On December 9, 2024, Treasury (FINCEN) acknowledged the injunction, noting that the government had appealed, and made the following statement...

Injunction Issued Against Corporate Transparency Act, But It’s Not the Final Word

A federal district court in Texas has issued a nationwide injunction against enforcement of the Corporate Transparency Act, including the rule requiring filing of beneficial ownership information (BOI) reports. While relief from the onerous reporting rules is welcome, the district court’s preliminary injunction is not a final decision and is subject to review by appellate courts.