An Update to the Corporate Transparency Act: Beneficial Ownership Information Reporting Requirements
The U.S. District Court for the Eastern District of Texas ruled on February 18, 2025, to pause the nationwide preliminary injunction that had halted enforcement of the Beneficial Ownership Information (BOI) Reporting Rule. Before this decision, the Corporate Transparency Act (CTA) and the Reporting Rule were on hold. However, following the court’s order, the Financial […]