12/26/24 UPDATE: Corporate Transparency Act
The injunction on the BOI reporting rule that was served on Dec. 3 by a federal district court in Texas has been lifted and FinCEN has extended some BOI reporting deadlines.
On Dec. 23, the Fifth Circuit Court lifted the injunction, allowing FinCEN to enforce BOI reporting. FinCEN then extended BOI reporting deadlines — companies created before Jan. 1, 2024, have until Jan. 13, 2025 to file.
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