Federal Court Issues Injunction Halting Corporate Transparency Act, Delaying BOI Reporting Deadline for Farm Businesses
The Ohio State University Extension in Hardin County announced that farm business owners who have putting off the requirement to file “beneficial ownership information” or BOI to the federal government under the new Corporate Transparency Act have received an early Christmas present from a federal court in Texas. The CTA is a new federal law that requires certain businesses to report the identities of those with “beneficial ownership interests” in the business to the federal Department of Treasury’s Financial Crimes […]