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Small businesses face new deadline as court lifts injunction on ownership reporting rule

Summary by The Business Journals
After months of legal battles, small-business owners now face a ticking clock on ownership reporting.

5 Articles

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Minnesota LawyerMinnesota Lawyer

Feds give new deadline for LLC ownership info

After several months of ping-ponging court decisions, corporations and limited liability companies must file beneficial ownership information with the federal government by March 21.

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Cowboy State DailyCowboy State Daily

Cowboy State Daily | Clock Ticking Again For Small Businesses To Report Ownership

Small business owners now have until March 21 to file forms disclosing their ownership. But even the federal agency in charge isn’t firm on that deadline with legislation and a court case pending.

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The Business JournalsThe Business Journals

Small businesses face new deadline as court lifts injunction on ownership reporting rule

After months of legal battles, small-business owners now face a ticking clock on ownership reporting.

·United States
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RRBB Accountants and Advisors in Somerset and Maplewood, New JerseyRRBB Accountants and Advisors in Somerset and Maplewood, New Jersey

BOI Reporting Deadline Extended

Financial Crimes Enforcement Network (FinCEN) has extended the beneficial ownership information (BOI) reporting deadline by 30 days and announced its intention to revise the reporting rule. The on then off then on again requirement for small businesses to report their beneficial owners to the federal government is now on again with a new reporting deadline of March 21, 2025. This represents the “stay” of a judge’s order to eliminate the requirem…

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crainsgrandrapids.comcrainsgrandrapids.com

Court ruling revives federal business ownership reporting rule, sets new deadline

Requirements for businesses to report their ownership to the federal government are back in effect after a judge this week lifted an order prohibiting enforcement.  The latest move in a Texas case to lift the temporary restraining order over the Corporate Transparency Act means that businesses now have until March 21... Please login to read all 914 words.

·Grand Rapids, United States
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The Business Journals broke the news in United States on Thursday, February 20, 2025.
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