Cook Advisors PC
The local accounting firm you can trust for your small business needs.
Cook Advisors PC
The local accounting firm you can trust for your small business needs.
News & Information
Beneficial Ownership Information
Federal court blocks enforcement of beneficial ownership reporting rule | ABA Banking Journal
Less than a month before a Jan. 1 deadline for businesses to report their beneficial owners to the Financial Crimes Enforcement Network, a federal judge in Texas has issued a preliminary injunction blocking enforcement of the requirement. The order states that covered companies nationwide do not need to comply with the Jan. 1 reporting deadline, unless the judge or a higher court reverses the order in the meantime.