Corporate Transparency Act (CTA) Update: Reporting Obligations Reinstated

/ Owner - February 28, 2025

On February 18, 2025, a federal court in Texas reinstated the Corporate Transparency Act (CTA), once again requiring businesses to disclose their beneficial owners to FinCEN. To give companies additional time to comply, FinCEN extended the filing deadline by 30 days. As a result, most businesses now have until March 21, 2025, to submit their reports. However, if a company’s original deadline falls after March 21, that timeline remains unchanged.    Read the article…………………………….

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