On February 17, the United States District Court for the Eastern District of Texas granted the government’s motion for stay a nationwide injunction halting enforcement of the Corporate Transparency Act in Smith v. United States Department of Treasury.
Due to this new court order, reporting requirements under the act are reinstated for applicable community associations.
On February 19, FinCEN recognized that reporting companies may need additional time to comply with their BOI reporting obligations, and FinCEN is generally extending the deadline 30 calendar days from February 19, 2025, for most companies.
According to FinCEN, for the vast majority of reporting companies, the new deadline to file an initial, updated, and/or corrected BOI report is now March 21, 2025.
Haus Financial Services client? We are still offering our BOI Report filing service for all clients. If you did not previously request the service and would like our assistance complying with the new deadline, please
