Reporting companies may continue to voluntarily file beneficial ownership information (BOI) reports while the Corporate Transparency Act (CTA), P.L. 116-283, is on hold, the Financial Crimes Enforcement Network (FinCEN) said in an alert this week. The alert followed a district court order last week that placed a preliminary injunction on enforcement of the CTA and its requirement for BOI reporting. Read the article…………………………….
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