Stable Books

Heads Up! BOI filing requirement is back on.

A federal district court lifted the last remaining nationwide injunction stopping beneficial ownership information (BOI) filing requirements, but the federal enforcement agency has promised at least a 30-day delay before new filings will be required.

BOI injunction lifted; FinCEN promises 30-day filing delay A court ruling means that millions of small businesses need to be prepared to file beneficial ownership information reports.

The Corporate Transparency Act and its implementing regulations, which require US business entities to report stakeholder information to the Treasury Department, were preliminarily blocked nationwide by a Texas federal court on Tuesday.

There's almost certain to be appeals, so this is far from "over". But if you haven't already filed for your entities, sit tight for now.

Corporate Transparency Act Blocked Nationwide by Texas Court The Corporate Transparency Act and its implementing regulations, which require US business entities to report stakeholder information to the Treasury Department, were preliminarily blocked nationwide by a Texas federal court on Tuesday.