In January of 2024, the Financial Crimes Enforcement Network (FinCEN) began accepting Beneficial Ownership Information reports with a deadline for businesses to file by December 31st, 2024.
Flash forward to December 4th, 2024, the Federal Court Blocks Corporate Transparency Act Nationwide changing the Beneficial Ownership Information filing requirements for businesses leaving many curious to where it stands currently.
In this bonus episode of The Bottom Line Pharmacy Podcast, we bring back Scott Burnett with Burnett & Associates to give an update on:
- The current status of the Beneficial Ownership Information (BOI) requirements
- Recent preliminary injunction that has temporarily suspended the filing requirements
- Navigating possible changes to come including stays or reinstatements
Stay connected with Scott Burnett:
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Scotty Sykes – CPA, CFP LinkedIn
Scotty Sykes – CPA, CFP Twitter
More resources on this topic:
FinCEN BOI
Podcast - Urgent Update on BOI Reporting
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