The CTA Returns
Lucas P. Sczygelski 02.19.25
Enforcement of the Corporate Transparency Act (the “CTA”) will resume--with an extended deadline--after a federal court in Texas granted the U.S. government’s motion to pause a nationwide injunction.
Business Minute
Keeping owners, managers, and stakeholders up to date on issues affecting their businesses.
Another CTA Turn: One Beneficial Ownership Information Filing Stay Lifted, But Another Remains
Lucas P. Sczygelski Jeff Storch 01.24.25
On January 23, 2025, the U.S. Supreme Court granted the federal government’s request to stay a nationwide injunction against enforcing the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. The injunction originally was issued by a federal judge in Texas (Texas Top Cop Shop, Inc. v. McHenry—formerly, Texas Top Cop Shop v. Garland).
CTA Whiplash: BOI Filing Requirement Paused Again
Jeff Storch 12.27.24
Year-end has seen a flurry of activity on the requirement to file beneficial ownership information (BOI) reports under the Corporate Transparency Act (CTA), with many changes. As of December 26, 2024, BOI filing again is not required (though this could change again).