Just yesterday, Dec 3rd, there has been a nation wide preliminary injunction against enforcement of the upcoming mandatory BOI reporting deadline of January 1st 2025. This is a preliminary injunction and we do assume the government will be appealing the decision, but as it stands now, the reporting deadline of January 1st 2025 is now not enforceable.
Federal Direct is still completing BOI reports for partners and small business clients. If you or your client need a BOI report completed please complete the engagement letter and BOI questionnaire and upload these documents along with the beneficial owners IDs to the Federal Direct Partner Portal for completion. The necessary documents and the necessary upload tool is located on the FD partner portal / Partner Resources / ERO Resources / BOI Reporting.
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