Federal Court Temporary Injunction Suspends BOI FinCEN Reporting Duty in CTA

Federal Court Temporary Injunction Suspends BOI FinCEN Reporting Duty in CTA

The enforceability of the Beneficial Ownership Information (BOI) reporting mandate in the Corporate Transparency Act (CTA) has been temporarily suspended as of December 3, 2024, following court intervention enjoining enforcement of this law, which requires business owners to report ownership interests to the Financial Crimes Enforcement Network (FinCEN).  Please Read the Article On Point, by […]

Read more...