URGENT: BOI Filing is Back – 30 Days to Comply

February 21, 2025

The court has stayed the injunction in Smith v. Treasury, reinstating FinCEN’s enforcement of BOI filing requirements. As a result, all reporting companies must comply by March 21, 2025.

This decision reverses the prior injunction that had temporarily halted enforcement, meaning businesses that have not yet filed must act now to meet the deadline and avoid penalties.

Key Takeaways:

✔ BOI enforcement is now active—reporting is required
✔ All filings must be submitted by March 21, 2025
✔ Failure to file on time will result in penalties

Next Steps:

✅ Ensure your business or clients are prepared to file
✅ Submit filings as soon as possible to avoid last-minute issues
✅ Use a trusted compliance solution to streamline the process

At FinCEN Advisors, we are actively monitoring regulatory developments and assisting businesses, CPAs, and law firms with compliance. Our FinCEN FilePro software provides a secure, efficient solution for managing multiple filings, ensuring accuracy and efficiency.

📩 The deadline is now set—don’t wait. If you have any questions or need assistance, reach out to us today.

Staying compliant with the Corporate Transparency Act (CTA) can be a daunting challenge. FinCEN Advisors is here to turn that challenge into an opportunity. Specializing in e-filing and Beneficial Ownership Information reporting, we offer tailored support to streamline your compliance process. From personalized consultations and scalable solutions to comprehensive educational resources, we help you manage your compliance needs so you can focus on growing your business. Discover how our expertise can help you avoid penalties, build credibility, and future-proof your startup.

Ready to simplify your CTA compliance? Contact us today to learn more about how FinCEN Advisors can support your startup’s journey to regulatory success!

mailto: info@fincenadvisors.com

Call 1-866-346-2361.