As of January 24, 2025, entities are not required to file beneficial ownership information reports (BOI reports) with FinCen. All filings are optional, and a nationwide preliminary injunction still exists suspending enforcement of the Corporate Transparency Act (CTA). On January 23, 2025 the U. S. Supreme Court granted the U.S. government’s […]
Technology & Intellectual Property Update
Hold Your Horses, 5th Circuit… Let’s Figure Out What’s Happening with the Corporate Transparency Act
As of December 26, 2024, entities are not required to file beneficial ownership information reports (BOI reports) with FinCen, and the nationwide preliminary injunction suspending enforcement of the Corporate Transparency Act (CTA) is back! The past week has been confusing and chaotic as the injunction was stayed and then reinstated […]
Update: CTA Filing Extended to January 13, 2025 for Entities Formed Prior to 2024
On the evening of December 23, 2024 the Department of Treasury announced that companies that were created or registered prior to January 1, 2024 and are not otherwise exempt under the Corporate Transparency Act (CTA) from filing a beneficial ownership information report (BOIR) with FINCEN now have until January 13, […]
State Data Privacy Update: A Look Back (2024) and A Look Ahead (2025)
In the absence of a comprehensive federal consumer data privacy law, states have been busy passing legislation that is designed to protect the personal data of their residents and to give some level of control over the use and distribution of that data back to the individual. 2024 was no […]
Be On The Lookout This Holiday Season
Earlier this week when purchasing a gift card for a holiday present, I was prompted to click through a screen that I have not previously encountered. It was a notice screen advising me, as a purchaser of a gift card, of the commonality of gift card scams and cautioning the […]