On January 23, the US Supreme Court agreed to stay the injunction issued by Eastern District Of Texas that had halted the final implementation of the Corporate Transparency Act. That means the filing deadline for Beneficial Ownership Information reporting is back. Theoretically, that deadline was January 13 and most companies are currently in violation. I assume FinCEN will issue some form of extension.
Of course the underlying case is still proceeding. The Fifth Circuit is scheduled to hear the appeal. The rollercoaster will continue through the first quarter.
Sources:
- Texas Top Cop Shop Application for Stay, 604 US___ (2025)
