This afternoon, the Supreme Court ruled that the government could enforce the Beneficial Ownership Information reporting requirements now, even though a lawsuit challenging those requirements is ongoing. This means that, if you have not yet filed your BOI report, you will need to do so as soon as possible. FinCen (the Treasury agency that is overseeing BOI reporting) has not yet issued any guidance on when BOI reports will be due, but you should assume that the new deadline will be in the not-too-distant future.
This article was written by Janice L. Gauthier, Esq. Ms. Gauthier has an A.B., cum laude, from Harvard University and a J.D, cum laude,. from Harvard Law School. She is a business and real estate lawyer and the owner of The Gauthier Law Group, LLC, a boutique business and real estate law firm that represents dentists, physicians, optometrists, chiropractors, veterinarians, and other health care providers in business and real estate transactions in the Greater Milwaukee, Chicago and Madison Areas, as well as in other parts of Wisconsin and Illinois. You can contact Ms. Gauthier at 414-270-3855, ext. 101 or by email.
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