Thanks so much for posting this last-minute update, alxjsn.<p>I submitted this headline just under two weeks ago:<p><i>FinCEN Says CTA Reports Are Voluntary (For Now) Following Court Decision</i>[1]<p>and am glad to learn of the sudden shift with time to spare.<p>Forbes reports that only around 20% of companies required to comply have done so,[2] which is unsurprising given how poorly conceived and written the law is:<p><i>The Corporate Transparency Act Means Jail Time for Small Business Owners</i>[3]<p>[1] <a href="https://news.ycombinator.com/item?id=42378823">https://news.ycombinator.com/item?id=42378823</a><p>[2] <a href="https://www.forbes.com/sites/kellyphillipserb/2024/12/06/fincen-says-corporate-transparency-act-cta-reports-are-voluntary-following-court-decision/" rel="nofollow">https://www.forbes.com/sites/kellyphillipserb/2024/12/06/fin...</a><p>[3] <a href="https://www.newsweek.com/corporate-transparency-act-means-jail-time-small-business-owners-opinion-1894964" rel="nofollow">https://www.newsweek.com/corporate-transparency-act-means-ja...</a>