SCHEDULE ONLINE
Home Who We Are How We Work How to Get Started Guardian Guide™ Freebies Blog EVENTS Login

Articles

BOI/CTA UPDATE: Appeals Court Reinstates - Then Suspends - Corporate Transparency Act Filing Requirement

UPDATE: Many recent changes have occurred related to the Corporate Transparency Act (“CTA”) and the requirement for all business owners to disclose their personal information to the US government. 

Here’s what’s transpired since a Texas federal court first suspended the CTA filing deadline on December 3, 2024: 

  • On December 23, 2024, the 5th Circuit Court of Appeals reinstated the CTA and its filing requirements for business owners, extending the deadline from January 1, 2025 to January 13, 2025.
  • On December 26, 2024, the 5th Circut reversed itself, suspending the deadline once again while it takes time to review the “parties’ weighty substantive arguments.”

What this means for you: As of now, the filing requirement is optional. However, as we’ve seen this week, this is subject to change on any given day, so check back here and we’ll keep you updated. In the meantime, to learn more about the CTA, including the filing...

Continue Reading...
Close

50% Complete

Minnesota Parents' Night Out!

It's time to take a break & enjoy a night out! Join us for the perfect combination of entertainment & education.