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Beneficial Ownership Information (BOI) – UPDATE

On December 26, the Fifth Circuit Court temporarily halted the BOI reporting requirements for businesses. The court will hear arguments on March 25 to decide whether to extend the injunction. Businesses now have until March 2025 to file their BOI reports. For assistance, contact the SBDC at (915) 831-7742.

The SBDC helps new and existing business owners successfully navigate the obstacles that come with the various stages of the business life cycle. Call to schedule an appointment with an SBDC business advisor.