BOI Filing is Required Again – Deadline Extended to March 21, 2025
On February 18, 2025, the U.S. District Court for the Eastern District of Texas granted FinCEN’s motion to stay its previously issued preliminary injunction on the enforcement of the Corporate Transparency Act (CTA) in the matter of Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.). As a result, Beneficial Ownership Information (BOI) reporting is back in effect with an extended due date of March 21, 2025.
Burt Blee Dixon Sutton Bloom is now encouraging its clients to comply with BOI reporting and to work to file all outstanding reports before the extended deadline. If you have any questions on the lifting of the stay or if you need assistance with BOI filing, please contact us.