NSBA CORPORATE PARTNER
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Whether it’s your Beneficial Ownership Information (BOI) filings or annual report filings, Wolters Kluwer BizFilings is a trusted compliance partner already working with over 350,000 small businesses. They can help you organize, save time and protect your data today.
As a valued BOI Partner, we want to bring to your attention an important update on the Beneficial Ownership Information (BOI) reporting requirement.
On January 24, 2025, FinCEN issued additional guidance with respect to the U.S. Supreme Court’s ruling to lift the nationwide injunction issued by a federal judge in Texas that enjoined enforcement of the Corporate Transparency Act (CTA). Due to the fact that a separate nationwide order issued by a different federal judge in Texas remains in place, reporting companies are not currently required to file beneficial ownership information with FinCEN. However, FinCEN has advised that reporting companies may continue to voluntarily submit beneficial ownership information reports.
