Cook Advisors P.C.
The local accounting firm you can trust for your small business needs.
Cook Advisors P.C.
The local accounting firm you can trust for your small business needs.
News & Information
2/20/25 UPDATE - BOI Reporting Latest
BOI Injunction lifted; FinCEN promises 30-day filing delay
1/2/25 UPDATE - BOI Reporting
DOJ asks Supreme Court to block injunction on BOI reporting.
12/23 UPDATE - Beneficial Ownership
A federal district court, finding that the Corporate Transparency Act (CTA) is likely unconstitutional, issued an order on December 3 prohibiting the enforcement of the CTA and the beneficial ownership information (BOI) reporting rule in the CTA’s accompanying regulations. Under this injunction, the Financial Crimes Enforcement Network (FinCEN) was barred from enforcing BOI filing requirements while the case was pending.
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.