The Treasury Department has postponed the deadline for millions of small businesses to comply with a new reporting requirement on "beneficial ownership information" once more after a court decision blocked enforcement. Late on December 26, the 5th U.S. Circuit Court of Appeals issued an order to freeze enforcement. This postponement occurs just a few days after a prior one on January 1.
The Treasury Department has postponed the deadline for millions of small businesses to comply with a new reporting requirement on "beneficial ownership information" once more after a court decision blocked enforcement. Late on December 26, the 5th U.S. Circuit Court of Appeals issued an order to freeze enforcement. This postponement occurs just a few days after a prior one on January 1.