UPDATE [January 24, 2025]: Impact of Ongoing Litigation – Deadline Stay – Voluntary Submission Only
In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports. For more information, visit fincen.gov/boi or call 1-800-767-2825.
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On January 23, 2025, the Supreme Court granted the government’s motion to stay a nationwide injunction issued by a federal judge in Texas (Texas Top Cop Shop, Inc. v. McHenry—formerly, Texas Top Cop Shop v. Garland). As a separate nationwide order issued by a different federal judge in Texas (Smith v. U.S. Department of the Treasury) still remains in place, reporting companies are not currently required to file beneficial ownership information with FinCEN despite the Supreme Court’s action in Texas Top Cop Shop. Reporting companies also are not subject to liability if they fail to file this information while the Smith order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports
NOTICE: New Federal Corporate Transparency Act (CTA) Reporting of Beneficial Ownership
Many businesses must now file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Department of Treasury.
For more information:
Visit the FinCEN website: fincen.gov
FinCEN Contact Page: fincen.gov/contact
FinCEN Frequently Asked Questions: fincen.gov/boi-faqs
Download the Beneficial Ownership Information Brochure
Business Services
PLEASE NOTE: All business entity information filed with our office is public record and is available online.