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Update: As of Feb. 27, 2025, the Financial Crimes Enforcement Network announced they would not issue any fines or penalties or take enforcement action against companies based on failure to file or update beneficial ownership information reports by the March 21, 2025, deadline.

The new Corporate Transparency Act requires that millions of businesses, including many farms and agribusinesses, report their ownership to the Department of Treasury’s Financial Crimes Enforcement Network and could provide a burdensome reporting requirement. Ryan Conklin and Jonathan Cottingim from Wright and Moore have the details on who needs to file. Plus, Ohio Farm Bureau’s Leah Curtis has quality information that will help landowners manage their property, particularly when it comes to zoning and trespassing.

Ohio Farm Bureau Podcast · The Corporate Transparency Act and Agriculture
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