Will BOI Reporting Be Shut Down?
AutoShopOwner
MARCH 5, 2025
One change that has been causing waves is the Corporate Transparency Act (CTA) and itsBeneficial Ownership Information (BOI) reporting requirements. On March 25, 2025, the Fifth Circuit Court of Appeals is scheduled to hear oral arguments in a case challenging the CTA. This legal battle has the potential to change the future of BOI reporting. Im sharing this blog post because its essential for you, an auto repair shop owner, to understand what this case means for your business.
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