March 21, 2025, is the New Deadline for Indiana HOA Boards to FileBusiness Entity Reports to Comply with the Corporate Transparency Act

/ Owner - February 22, 2025

On February 18, 2025, the US Treasury’s Financial Crimes Network (FinCeN) released the following statement, setting a new March 21st deadline to file Beneficial Ownership Information (BOI) reports:  With the February 18, 2025, decision by [a U.S. District Court in Texas], beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are once again back in effect. However, because the Department of the Treasury (Treasury) recognizes that reporting companies may need additional time to comply with their BOI reporting obligations, FinCEN is generally extending the deadline 30 calendar days from February 19, 2025, for most companies.    Read the article…………………………….

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