On January 23, 2025, the Supreme Court granted the government’s request to lift a nationwide injunction issued by the U.S. District Court for the Eastern District of Texas that paused the Corporate Transparency Act (CTA). However, because a separate nationwide order issued by a different federal judge in Texas (Smith v. U.S. Department of the Treasury) still remains in place, FinCEN (which administers the filing program for the federal government) has provided notice that companies are not currently required to file beneficial ownership information (BOI) with FinCEN at this time. FinCEN is further stating that Companies also are not subject to liability if they fail to file this information while the Smith order remains in force, with filings instead being voluntary until further notice. Read more: CTA Info – Mullen & Henzell – Law Firm Santa Barbara, California