FinCEN Extends Beneficial Ownership Reporting Requirement Deadline for Certain Reporting Companies

In light of a recent order by the Fifth Circuit released on December 23, 2024, reporting companies are once again required to file beneficial ownership information (“BOI”) required by the Corporate Transparency Act (“CTA”) with the Financial Crimes Enforcement Network (“FinCEN”). In response to this latest development, FinCEN has extended the deadline for certain reporting companies as follows......
By: Maynard Nexsen

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