Corporate Transparency Act Reinstated | Reporting Deadline Extended to January 13, 2025
By EsqSocial Corporation 24/12/24
FinCEN DELAYS DUE DATE FOR EXISTING COMPANIES’ FIRST BENEFICIAL OWNERSHIP REPORTS TO JANUARY 13, 2025 - On December 23, 2024, the United States Court of Appeals for the Fifth Circuit stayed the nationwide preliminary injunction against enforcement of the federal Corporate Transparency Act (CTA) previously issued by the U.S. District Court for the Eastern District of Texas in a case challenging the constitutionality of the CTA. As a result of the stay, the CTA has gone back into effect...
By: Kilpatrick