Corporate Transparency Act: Government Appeals Smith Case, Seeks Reporting Rule Reinstatement

/ Owner - February 17, 2025

The dizzying sequence of events regarding deadlines for reporting companies to file beneficial ownership information (BOI) reports as part of the Corporate Transparency Act (CTA) continues after a month-long hiatus. On Feb. 5, 2025, the government filed a notice of appeal of the district court’s order in Smith v. United States Department of the Treasury (decided on Jan. 7, 2025) and concurrently filed a motion, pending appeal, to stay (lift) the preliminary relief the court granted, to include a nationwide suspension of the beneficial ownership information (BOI) reporting requirements.    Read the article…………………………….

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