Client Alert: Corporate Transparency Act Update: Fifth Circuit Reinstates Injunction on CTA Enforcement

Business owners, we’re back with another update—the Corporate Transparency Act (CTA) reporting requirements are once again on hold.

There has been yet another volley in the legal tennis battle around the CTA. Just as we thought the ball had landed and the dust had settled around the CTA deadlines for 2025, the Fifth Circuit Court of Appeals reinstated the nationwide injunction halting the enforcement of the CTA as of December 26, 2024.

We promise we’re not trying to flood your inbox as the year ends. We’re here like the ball crew on the court, racing to keep up with the changes and delivering updates as quickly as possible. We appreciate your patience.

For now, businesses and business owners do not need to file Beneficial Ownership Information (BOI) reports with the Department of Treasury.

Accordingly, we have once again suspended our service of filing BOI reports on behalf of clients.