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The saga of the Corporate Transparency Act (CTA) continues to take many twists and turns. On February 17, 2025, in Smith et al v. U.S. Department of Treasury, et al,[1] the U.S. District Court for the Eastern District issued an order staying the preliminary injunction. As a result, FinCEN issued a notice that it is generally extending the deadline by 30 calendar days from February 19, 2025 (until March 21) for most companies because it realizes that reporting companies may need more time to comply with their Beneficial Ownership Information (BOI) reporting obligations. The deadline will apply to the bulk of reporting companies to file an initial, updated, and/or corrected BOI report.