February 24, 2025
ALERT: CTA FILING REQUIREMENTS ARE AGAIN IN EFFECT, NEW REPORTING DEADLINE IS MARCH 21, 2025
On February 19, 2025, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced on its website that beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are back in effect. For most reporting companies, the new deadline for filing an initial, updated or corrected BOI report is March 21, 2025. Notably, FinCEN…