In a move that surprises absolutely no one, the United States has appealed the preliminary injunction issued by Judge Amos Mazzant against the Corporate Transparency Act (CTA) and Beneficial Ownership Information (BOI) reporting. The appeal is to the Fifth Circuit Court of Appeals in New Orleans. The Fifth Circuit can leave the injunction in place until the court rules on the appeal or suspend the injunction (most likely, the injunction will stay in place for now). An appeal will take some time to be heard (measured in months).
There has already been one case regarding CTA/BOI reporting heard at the federal appellate level. There are numerous lawsuits challenging the CTA/BOI reporting in courts from Oregon (where a judge denied a preliminary injunction) to Florida. I strongly believe that some CTA/BOI reporting case will be heard by the Supreme Court in 2026 (possibly sooner if we get a quick decision on this appeal that differs from the eventual ruling in the case already heard in the Eleventh Circuit).
As of today, no one is required to file a BOI report. You can still voluntarily file your report.
Tags: BOI