by Zinner & Co. Tax Team | Dec 26, 2024 | Beneficial Ownership Information
On Dec. 23, the U.S. Court of Appeals, Fifth Circuit granted a temporary stay of the nationwide injunction which we previously communicated with you about related to the Corporate Transparency Act (CTA). This stay has reinstated the enforcement of the CTA, and...
by Zinner & Co. Tax Department | Dec 17, 2024 | BOI, Taxes - Corporate & Business
On Dec. 3, the U.S. District Court for the Eastern District of Texas suspended the nationwide implementation of the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting requirements. The District Court issued an opinion and order...
by Zinner & Co. Tax Team | Nov 21, 2024 | IRS, Taxes - Corporate & Business
In late October, the Financial Crimes Enforcement Network (FinCEN) announced that certain victims of Hurricane Milton will receive an additional six months to submit Beneficial Ownership Information (BOI) reports. To qualify for the extension, reporting companies must...
by Zinner & Co. Tax Team | Aug 29, 2024 | Corporate Transparency Act
Beneficial Ownership Information Reporting Requirement Since January 1, 2024, a significant number of businesses have been required to comply with the Corporate Transparency Act (CTA). The CTA was enacted into law as part of the National Defense Act for Fiscal Year...