<ul><li>The Financial Crimes Enforcement Network (FinCEN) has extended the deadlines for beneficial ownership information reports for small businesses.</li><li>The extensions vary based on the registration date of the reporting business, providing an additional two to three weeks for some categories.</li><li>The extension comes after a federal court decision which reinstated the reporting requirement following a preliminary injunction.</li><li>The Corporate Transparency Act (CTA) that created the reporting requirements is facing legal challenges, but the government believes the CTA is constitutional.</li></ul>

FinCEN Extends Deadlines for Beneficial Ownership Information Reports

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