As you may recall, we previously mentioned the new requirement for most businesses to file Beneficial Ownership Information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN). Well, this “requirement” has been on quite the rollercoaster ride—delayed, reinstated, delayed again, and finally pulling a rabbit out of the hat, has been reinstated once again by the Supreme Court . Honestly, at this point, we have no idea if or when this issue will actually be finalized or resolved.
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