Originally enacted in 1998 to prevent states from imposing new taxes on Internet access, the measure has expired and been extended a number of times. The law expired on December 11, 2015, but will be considered this year. The hope is a permanent solution at last (the House passed a permanent version last year).
Barbara Weltman
Big Ideas for Small Business, Inc.
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BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.