Deadlines Resume for Beneficial Ownership Information Reporting
Please be aware of this important update regarding the mandatory reporting deadline for reporting entities. On January 7, 2025, the U.S. Supreme Court issued a stay of the nationwide preliminary injunction by the U.S. District Court for the Eastern District of Texas in Texas Top Cop Shop, Inc. v. Garland. On February 18, 2025, the U.S. District Court for the Eastern District of Texas issued a similar stay of the second nationwide injunction in the Smith v. U.S. Department of the Treasury matter. As a result of both stays now being issued, business subject to BOI reporting are required to file their BOI reports. On February 18, 2025, the Financial Crimes Enforcement Network (“FinCEN”), issued guidance extending the reporting deadlines. This means that the reporting deadlines were paused before, and now they have resumed.
read more...Do Really Own Your Manufactured Home? – New Michigan Policies Change the Title Process
In a world where the housing market is at an all-time high, and houses are being sold before hitting the market, showing proof of ownership or good title to your home is paramount as a homeowner.
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