Fayette County Soybeans

UPDATE (from Ohio Farm Bureau Associate General Counsel Leah Curtis):

“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 agency announced they intend to release an interim rule with additional guidance and deadlines, and no enforcement would take place until any relevant dates under the forthcoming rule have passed.”

On Jan. 24, the Supreme Court issued an order granting a request by the government to allow enforcement of the Corporate Transparency Act (CTA) while litigation continues over the law.

At this time, the Financial Crimes Enforcement Network, which enforces CTA, has indicated another nationwide injunction is still in place, and companies are not currently required to file beneficial ownership information, even in light of the Supreme Court’s order. We will continue to update this story as information becomes available. Official updates are posted to the FinCen website: https://fincen.gov/boi. 

Please note there are numerous webpages with similar addresses that are not affiliated with the government. The address above is the best place to stay updated and is where anyone who may try to file information should go.

The Corporate Transparency Act is an anti-money laundering law passed in 2021. The law requires companies to report certain information about owners and is intended to prevent crimes like money laundering and the financing of terrorism. Beneficial owner information includes the names and addresses of those who are substantially in control of a business. Businesses should consult their own legal counsel to determine how to proceed if they are subject to the CTA and have not yet filed information.

New and beginning farmers
My first recommendation in your journey is to start out with a local farming friend or mentor along with joining an organization like Ohio Farm Bureau.
Greg McGlinch's avatar
Greg McGlinch

Darke County Farm Bureau

Growing Tomorrow Grant
We’re just so thankful for the Farm Bureau and the foundation for helping put this together. And of course, the Boyert family for the vision they had with this grant. It’s jumping us forward 10 years. It’s unbelievable.
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Nathan and Jill Parriman

Clermont County Farm Bureau

Bringing the farm back to life
I could not have done it without the resources I have found through Farm Bureau.
Gretchan Francis's avatar
Gretchan Francis

Trumbull County Farm Bureau

Youth pathways in Farm Bureau
It wasn’t until I joined the Wilmington College Collegiate Farm Bureau that I truly saw how my passion could translate into leadership, advocacy and a career.
Wyatt Morrow's avatar
Wyatt Morrow

Clinton County Farm Bureau

Giving farmers a voice
The issue of property taxation remains as one of the biggest challenges our members face today. Ensuring agricultural property is valued for its agricultural potential and not development is critical to the continued success of Ohio agriculture.
Matt Aultman's avatar
Matt Aultman

Darke County Farm Bureau

Select Partner Program
Through the Select Partner program, we became educated in farm insurance and weren't just selling policies. It became more and more clear why farmers need an advocate like Ohio Farm Bureau.
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Chad Ruhl

Farm manager, CSI Insurance

Advocacy
So many of the issues that OFBF and its members are advocating for are important to all Ohioans. I look at OFBF as an agricultural watchdog advocating for farmers and rural communities across Ohio.
Mary Smallsreed's avatar
Mary Smallsreed

Trumbull County Farm Bureau

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