Fletcher Insights
HERE WE GO AGAIN!
THE CTA / BOI NOW BACK IN EFFECT – NEW MANDATORY FILING DEADLINE MARCH 21, 2025
FinCEN has announced that mandatory beneficial ownership reporting (BOI) requirements are now back in effect, with a new deadline of March 21, 2025.
THE CTA IS BACK: WHAT YOU NEED TO KNOW!
On January 23, 2025, the U.S. Supreme Court ruled to lift the injunction that was preventing the
Financial Crimes Enforcement Network (FinCEN) from enforcing the CTA. So, if you’ve been ...
UPDATE CORPORATE TRANSPARENCY ACT; BENEFICIAL OWNERSHIP INFORMATION (BOI) REPORTING REQUIREMENTS ARE ONCE AGAIN PUT ON PAUSE BY A FEDERAL COURT FOR APPLICABLE COMMUNITY ASSOCIATIONS.
On Dec. 26, the full panel of judges of the Fifth Circuit Court of Appeals issued an order vacating the stay of a preliminary injunction halting reporting compliance under the ...
UPDATE CORPORATE TRANSPARENCY ACT – FEDERAL COURT IN TEXAS ISSUED A NATIONWIDE INJUNCTION HALTING THE ENFORCEMENT OF THE CORPORATE TRANSPARENCY ACT (CTA).
On December 3rd, a federal court in Texas issued a nationwide injunction halting the enforcement of the Corporate Transparency Act (CTA). The court ruled that the CTA doesn’t regulate existing ...
IMPORTANT UPDATE FOR CONDO AND HOA BOARDS: BENEFICIAL OWNERSHIP INFORMATION (BOI) REPORTING REQUIREMENT
Starting January 1, 2025, condo and homeowners' association (HOA) boards must file a Beneficial Ownership Information (BOI) report with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN).
THE CORPORATE TRANSPARENCY ACT (CTA)
The Corporate Transparency Act (CTA) is a U.S. law enacted to enhance transparency in corporate ownership and to help combat financial crimes such as money laundering and terrorist financing.
