BOI Reporting: Corporate Transparency Act Update
Yardi Breeze
DECEMBER 12, 2024
Important update as of December 12, 2024 A nationwide court order has temporarily put a hold on the requirement for businesses to report Beneficial Ownership Information (BOI) under the Corporate Transparency Act (CTA). This pause gives businesses a temporary break from the reporting requirements discussed in this article. However, the court decision may be temporary, and the reporting rules could be reinstated at any time.
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