New Beneficial Ownership Information (BOI) Reporting Requirement: What You Need to Know

Updated: December 27, 2024 On December 26, 2024, the Fifth Circuit Court of Appeals reinstated the nationwide injunction halting enforcement of the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). This decision reverses an earlier ruling from the same court issued earlier this week. In its latest order, the Fifth Circuit […]