Latest Corporate Transparency Act Update

On February 19, 2025, the U.S. Department of the Treasury’s FinCen Bureau announced that the CTA’s beneficial ownership information reports are back in effect following further litigation in the 5th Circuit Court of Appeals. To assist reporting entities, FinCen has extended the reporting deadline to March 21, 2025.

If your company received a reporting deadline later than March 21, 2025, FinCen instructs you to follow the previously provided deadline.

Downey & Lenkov will keep you updated on any further developments.

 

Chicago, Illinois 312-377-1501 | Crown Point, Indiana 219-488-2590
Indianapolis, Indiana 219-488-2590 | Milwaukee, Wisconsin 414-758-3367

Chicago, Illinois

312-377-1501


Crown Point, Indiana

219-488-2590


Indianapolis, Indiana

219-488-2590


Milwaukee, Wisconsin

414-758-3367