A court ruling on Monday has reinstated the filing requirement for the Corporate Transparency Act (CTA). An appeals court has allowed the Department of Justice to lift the injunction that was put in place earlier this month. Companies are now required to submit beneficial owner information by January 13, 2025. (Please Note: BOI reporting requirements are back in effect with a March 21, 2025 deadline for most companies Please see our latest post for details.
- Learn more about the latest ruling.
- Learn more about the CTA and reporting requirements for companies, including who may be exempt from filing and who is required to do so or face a penalty.
If you have additional questions on how this impacts your business, please contact your SH&A representative for more information.