After a Series of Court Twists, the Corporate Transparency Act Is Halted Again.
A Texas federal judge issued a nationwide injunction, but it was stayed by an appeals court. Now that stay has been lifted — so the injunction is in force again.
For entities subject to the Jan. 1, 2025 deadline to file beneficial owner information (BOI) disclosures, the rulings have created uncertainty. The prudent step is to proceed with filing on time or, at a minimum, finish preparing the reports and be ready to file if the injunction is overturned.
