March 3, 2025
ALERT: CTA REPORTING DEADLINES DELAYED AGAIN
On February 27, 2025, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced that it will not issue any fines or penalties or take any other enforcement action against any company based on the failure to file or update beneficial ownership information (BOI) reports required by the Corporate Transparency Act (CTA). In its announcement, FinCEN…