Corporate Transparency Act Update
February 27, 2025
The Corporate Transparency Act is back in effect as the last injunction restraining its enforcement was stayed on February 18, 2025. For most companies, the reporting deadline will be March 21, 2025, unless the reporting company was already eligible to file on a later date because of a disaster relief or similar extension. FinCEN’s full February 18, 2025 release that provides additional details can be found here.
We will continue forwarding any updates we get from our legal counsel.
Please note: Questions regarding CTA requirements should be directed to your business or organization’s legal counsel, as the CTA is a legal matter and not a tax filing matter.
