On December 23, 2024, the United States Court of Appeals for the Fifth Circuit lifted a nationwide preliminary injunction halting enforcement of the Corporate Transparency Act (CTA) and the requirement for beneficial ownership information reporting. As a result, the CTA BOI reporting requirements and deadlines are once again in effect, though FinCEN has extended the deadline for all existing entities to file their initial reports to January 13th 2025.
Help your clients find the tools they need to file beneficial ownership information reports
CT Corporation is part of Wolters Kluwer's Financial & Corporate Compliance (FCC) division, which serves legal, finance, and compliance professionals and small business owners. The CT Corporation Beneficial Ownership solution will guide your clients through a step-by-step and transparent process that reduces the confusion and time spent on each report. The CT Corporation built-for-purpose Beneficial Ownership Platform is:
- Easy to use – reduce confusion using the guided 5-step filing process
- Efficient – the fast and automated filing process can save hours on each filing
- Secure – safeguard sensitive personal information using our robust security protocols
Beneficial ownership information reporting resources for your clients
eBook: Beneficial Ownership Information Reporting
Beginning in 2024 all domestic and foreign reporting companies will have to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN) established under the Corporate Transparency Act.
This ebook will help you determine if an entity is a reporting company, identify the information that you will have to report in the initial BOI report, and
understand key definitions and dates
Our client communication kit includes an overview of our solutions/options as well as tools such as sample client communication templates and other resources to refer clients to the CT Corporation Beneficial Ownership solution, or help you file on behalf of your customers using CCH Axcess Beneficial Ownership.