BOI Injunction
On Tuesday December 3, 2024, Judge Amos L. Mazzant III of the US District Court of the Eastern District of Texas, issued a nationwide injunction which preliminarily blocks the initial BOI filings requirements under the Corporate Transparency Act. Please see the details of the injunction in the link below. This decision may be reversed by a higher court in the coming weeks, leaving a short window to be compliant by the 1/1/25 deadline.
Many of you have engaged LS&Z to submit these initial BOI filings on your behalf. LSZ will continue to move forward with the submission of the initial BOI filings by 1/1/25, unless you email the engagement partner your decision to not file by Monday December 9, 2024. If you decide to not file due to the preliminary injunction and a higher court reverses the decision, we cannot guarantee submission by 1/1/25.