From IPB
December 27, 2024 www.ipbtax.com
 

A federal appeals court ruling has just re-suspended reporting requirements under the Corporate Transparency Act (“CTA”) by restoring the prior injunction.

January disclosure reporting deadlines are no longer in effect (at least for now) and beneficial ownership information filings to FinCEN (the Financial Enforcement Network, a bureau of the Treasury Department) can be considered voluntary (for the time being). 

We hope you are enjoying the holidays and that all will be peaceful on the CTA front until 2025.

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