In a major legal development, the United States District Court for the Eastern District of Texas has temporarily halted the enforcement of the Corporate Transparency Act (CTA) through a preliminary injunction.
BOI Report
Category
BOI Report: What Is Substantial Control?
concept of substantial control and its implications for reporting companies under the Corporate Transparency Act (CTA).
Cracking the BOI Report: Tax IDs for Disregarded Entities in BOI Reports
What type of tax identification number (TIN) should be reported by a disregarded entity?
BOI Compliance: Who is the Company Applicant?
Who qualifies as a company applicant of a reporting company
BOI Address Reporting: Key Insights for Foreign and U.S.-Based Companies
Which address to report for beneficial owners and what to do if a reporting company lacks a principal place of business in the United States?
BOI Reporting Penalties: Who Pays and How?
This article outlines the consequences for failing to comply with BOI reporting requirements
Reporting BOI to FinCEN: Key Deadlines and Update Requirements
The Corporate Transparency Act (CTA) requires reporting companies to disclose beneficial ownership information (BOI) to FinCEN. Understanding these deadlines is critical for compliance.
No 25% Owner? Understanding BOI Filing Obligations
If a Company Does Not Have a 25% Owner, Does It Still Need to File a BOI Report?
DBAs and BOI Compliance: Do You Really Need to File?
whether a sole proprietorship operating under a “Doing Business As” (DBA) name must submit a Beneficial Ownership Information (BOI) Report.
🧟 “Zombie” 🧟 or Inactive Companies for Purposes of the BOI Report: Practical Example
Practical application of the inactive entity exemption established in the Corporate Transparency Act. An entity deemed an “inactive company” is exempted from filing the Beneficial Ownership Information (BOI) Report.