BOI Reporting Deadline Extended to March 21, 2025: What You Need to Know

Cari RinckerBusiness Law

Businesses subject to the Corporate Transparency Act (CTA) must now report Beneficial Ownership Information (BOI) to FinCEN by March 21, 2025—an extension from the previous deadline. Key Updates January 7, 2025: A court ruling paused BOI reporting requirements. February 18, 2025: The stay was lifted, reinstating the requirements. FinCEN extended the compliance deadline to March 21, 2025 to allow businesses …

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Ask Cari: How the New Corporate Transparency Act could Affect Your Small Business

Cari RinckerBusiness Law, Business/Commercial Law

Small businesses have been rushing to better understand the implications of the newly enacted Corporate Transparency Act (“CTA”), which entered into effect on January 1, 2024.  The CTA applies to over 32 million businesses in the United States, including many companies that filed a document with any secretary of state office.  The CTA includes a new reporting requirement for small …

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