Important CTA Update: CTA Filing Deadlines Immediately Reinstated with Some Extensions
By EsqSocial Corporation 24/12/24
On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit stayed a nationwide injunction blocking all enforcement of the Corporate Transparency Act (CTA). The Fifth Circuit’s decision effectively reinstates all CTA filing deadlines, including the January 1, 2025 filing deadline for reporting companies that were formed before 2024. However, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced several short extensions, including delaying the...
By: Wiley Rein LLP