On February 18, 2025, the U.S. District Court for the Eastern District of Texas lifted the last remaining nationwide injunction which halted beneficial ownership information (BOI) filing requirements. In response to this decision, FinCen published an official notice on February 19, 2025 to announce FinCen is generally extending the deadline calendar 30 calendar days from February 19, 2025 for most companies.
What this means
For the vast majority of reporting companies who have not already filed, the new deadline to file an initial BOI report is now March 21, 2025. Note that FinCen acknowledged that it will assess its options to further modify deadlines.
The update above and additional information can be found at the AICPA’s BOI Resource Center. Additional information can also be found at the FinCEN BOI Resource Website. We encourage you to check these websites regularly for further updates.
In addition, we encourage you to contact your legal counsel regarding these updates, your compliance requirements, or any other questions on this matter.
Abeles and Hoffman, P.C.
