The Fifth Circuit Court of Appeals restored the immediate enforceability of the Corporate Transparency Act (CTA), lifting a nationwide preliminary injunction issued earlier this month. Following the decision, FinCEN announced a new deadline of January 13, 2025, for most reporting companies to file their beneficial ownership information (BOI) reports. Learn more about the implications and key takeaways of this decision in our latest client alert. https://lnkd.in/enQi_jb4 #CorporateTransparencyAct #CTACompliance #CTA
Important update!