BOI Report for Small Businesses: Deadline, But Without Penalties

Reported by ALEXANDRA SVOKOS (Summarized version featured below.) The Kiplinger article highlights the evolving deadlines for the Beneficial Ownership Information (BOI) reporting requirement under the Corporate Transparency Act (CTA). Initially, businesses were required to file their BOI reports by January 1, 2025, but legal challenges led to delays. A court ruling on February 18, 2025, […]