Corporate Transparency Act / BOI Reporting
What the 2026 FinCEN Rule Change May Mean for Your Business
On August 11, 2026, FinCEN issued a final rule permanently exempting U.S.-formed companies and U.S. persons from federal beneficial ownership information (BOI) reporting under the Corporate Transparency Act (CTA). This reverses the blanket requirement in place since January 1, 2024, when nearly every LLC, partnership, S-corp, and corporation in the country had to file. If your entity was formed in Texas or another U.S. state, the federal filing obligation is gone.
The exemption does not reach everyone. Foreign entities registered to do business in a U.S. state or tribal jurisdiction are still considered reporting companies, though they no longer have to report information on their U.S. beneficial owners. Some states have adopted their own beneficial ownership laws, and the federal rule does not preempt those, so a business registered in more than one state should confirm each state's requirements separately.
Confirm Where Your Business Stands
Confirming this is not a one-time question for every business owner. Dossey & Jones, PLLC operates Venture Vault, an entity-monitoring service built by our own business attorneys, that stays connected to the Texas Secretary of State and Comptroller so that any status or filing change on your entity does not go unnoticed.
For businesses with ties to another state or a foreign ownership structure, this kind of ongoing check matters more than a single confirmation ever will. Watch the video below for a closer look at how Venture Vault works, or reach out to our business team directly with questions about your specific entities.
Confirm your business is fully compliant. Contact our Business Law Team online or call (281) 410-2792 for Guidance on the Latest BOI Rules.
Click here to view the webinar PDF.
Click here to watch the recorded full presentation on the CTA!
-
"Thank you, Thank you, and Thank you!!!"
I can't tell you how happy I was to talk with you and feel like someone has actually listened to me in years regarding these LLCs. We have been spinning out of control with them for way too long and it gave me a feeling of not being settled. MANY thanks to you.
Thank you, Thank you, and Thank you!!!
- KK -
"We were extremely satisfied"
We were extremely satisfied with Esteban's expertise, advice, and explanations of issues. We recommend him.- PGF -
"Pleasant individual and attentive"
Esteban did a great job preparing our wills and estate planning documents. Very pleasant individual and attentive to our needs. We will use them again!- Kenneth C -
"Outstanding"
Paige is outstanding. She walked me and my wife through our estate which could be a very complicated process. We are very happy that we found her and look forward to continuing to work with her.- Mazen N
