FincenFetch Update on Corporate Transparency Act Filing Requirements: Supreme Court Appeal Filed | PR Newswire [Video]

BOI filing obligations are temporarily paused due to ongoing litigation. On December 31, 2024, the U.S. Department of Justice filed an emergency application with the Supreme Court to stay the district court’s injunction blocking CTA enforcement.

, /PRNewswire-PRWeb/ — FincenFetch announces an important update on the Corporate Transparency Act (CTA) and Beneficial Ownership Information (BOI) reporting. BOI filing obligations are temporarily paused due to ongoing litigation. On December 31, 2024, the U.S. Department of Justice filed an emergency application with the Supreme Court to stay the district court’s injunction blocking CTA enforcement.

FincenFetch is committed to providing firms and service providers with comprehensive resources and tools to effectively and efficiently navigate the regulation.

This development signals the potential for rapid changes to the current status of BOIreporting enforcement. Emergency applications at the Supreme Court level often lead to swift decisions, which could reinstate filing deadlines in a matter of days …