Corporate Transparency Act: The obligation to file your beneficial ownership information report is back on again with short deadlines

On December 3, 2024, a court in Texas issued a nationwide injunction stopping the enforcement of the Corporate Transparency Act, which means the requirement to file Beneficial Ownership Information Reports was stopped.  

However, that Court has been overruled by a higher court, and the obligation to file Beneficial Ownership Information Reports is back on, and the new deadlines are short.  See below for more details and you can go to FinCen’s website to read the whole by clicking here.

https://www.fincen.gov/boi

Posted by Shawn Roberts

On this blog, I write about and try to answer practical Oklahoma legal questions. My focus and most experience is in estate planning and business issues including Oklahoma non-compete law. I make a living as an attorney in the law firm I founded, Shawn J. Roberts, P.C. in Oklahoma City. I live in Edmond with my wife Amy and my two children, Sam (19) and David (11). We live precisely in the path of where the "wind comes sweeping down the plains."