February 24th, 2025
Alert: CTA Back in Effect with Extended BOI Reporting Deadline of March 21, 2025
Posted in: Business Law Tagged: Andrew L. Schwartz, Karen N. Shapiro
Author: Karen N. Shapiro, Andrew L. Schwartz
The Corporate Transparency Act (CTA) is once again back in effect following a decision by the District Court for the Eastern District of Texas.
Non-exempt reporting companies formed on or before February 19, 2025 have until March 21, 2025 to file their BOI reports.
Non-exempt reporting companies formed after February 19, 2025 have 30 days from their formation to file their BOI reports, unless they otherwise qualify for a later deadline such as a disaster relief extension.
FinCEN may issue additional reporting deadline extensions or other guidance relating to BOI reporting.
Stein Sperling is available to assist you in determining your CTA obligations or filing such reports on your behalf. Please contact us at 301-340-2020 and ask for a member of the Business Department.
