Beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are once again back in effect following the February 18, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.).
The current new deadline to file an initial, updated, and/or corrected BOI report is now March 21, 2025. Reporting Companies that have already filed a BOI Report with FinCEN do not need to take any steps at this time.
