Supreme Court Allows Enforcement of Corporate Transparency Act

/ Owner - January 23, 2025

On January 23, 2025, the Supreme Court stayed the injunction blocking the enforcement of the Corporate Transparency Act. This means that corporate entities, including most community associations, subject to the Corporate Transparency Act are again required to submit Beneficial Ownership Information (“BOI”) reports with Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”).    Read the article…………………………….

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