Treasury official notes the department aims to “reduce regulatory burden on businesses,” and is looking at modifying sweeping ...

Considering conflicting rulings, businesses remain understandably confused about whether to file their mandated Beneficial ...

A beneficial owner is the real person who ultimately owns, controls or benefits from a company or trust fund and the income it generates. The term is used to contrast with the legal or nominee company ...

Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...

Yes, the requirement to register an entity’s Beneficial Ownership Information (BOI) with the U.S. Government agency, ...

If the federal government gets its way, companies must file a beneficial ownership information report soon. Find out what’s happening.

Exemptions cover specific types of organizations ... However, if there are significant changes in beneficial ownership or if corrections are needed, the company must submit an updated BOI report.

The Corporate Transparency Act required 32 million small businesses to submit beneficial ownership information to FinCEN by January 15. One case in federal court shook things up. Here is what ...

The Financial Crimes Enforcement Network Monday reinstated and extended the deadline for U.S. legal entities to file beneficial ownership information to the body after an appeals court lifted a ...

While federal courts are making beneficial ownership information as confusing as possible, a new bill may add some ...