12/05/2024
If you own and LLC, S-Corp or other “reportable” entity that was required to file a BOI (Beneficial Ownership Information) by 1-1-2025, we share some good news!
The federal government has issued an injunction preventing enforcement of this requirement. Time will tell if the ruling is challenged, but for now, you’re off the hook.
Finding the Corporate Transparency Act “likely unconstitutional,” a federal district court prohibited its enforcement and the enforcement of its accompanying regulations.