Note:  I am not a financial advisor, accountant, attorney or anything else even remotely related...  but mine has said that this applied to me, as I use an LLC for ownership of my NFA items.  Just bringing it to others' attention in case you didn't know.

https://www.fincen.gov/boi-faqs

There is a deadline and penalties are stiff for not filing.  You only have to do it once (takes about 10 mins), unless you make changes to your LLC.  I'd hate for the ATF to try to come after corporations/LLC's that own NFA stuff that didn't file.

For those who know nothing, here's the under-60-second synopsis:



Here's one with a bit more detail:



And here's a list of those corporations/LLC's that are exempt as referenced.  Note that if you use an LLC, for example, as the 'owner' of your NFA items, your LLC has 'assets' and exemption #23 does not apply.

Attached File

Corporate Transparency Act ruled unconstitutional

Good to keep an eye on for future movement, but unless you are apart of the National Small Business Association, it doesn't apply to you.

You need to provide context.  That only applies to the NSBA.

..."the court's ruling prohibits CTA enforcement only against the NSBA itself and all of its members."

Thank you for the clarification.