Starting last January, the U.S. Department of Treasury’s Financial Crimes Enforcement Network has opened a portal for ...

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

A bill that could offer a reprieve for businesses seeking certainty on beneficial ownership information (BOI) reporting ...

The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced in an alert posted on its website on January 24, ...

To submit a BOI report, you just need to go to the FinCEN BOI site. Filing is free, and you can do it directly through the website. You'll need basic information including the tax identification ...

“These lower-court injunctions have temporarily impacted BOI reporting but do not address the core constitutional issues,” ...

The government has (again) been enjoined from enforcing the beneficial ownership information (BOI) reporting requirements under the CTA.

In other words: the BOI Report is currently a voluntary filing. According to FinCEN, “Reporting companies are not currently required to file beneficial ownership information with FinCEN and are not ...

For example, those created or registered before 2024 have until Jan. 13, 2025, to file their initial BOI ... to FinCEN. Those that do so on or after Jan. 1, 2025, have 30 days to file a report.

The Corporate Transparency Act of 2021 requires many businesses to report ... violates" BOI reporting requirements. The agency isn't out for "gotcha enforcement," Hanichak said. "FinCEN ...

The Treasury Department gives some examples ... to file the BOI. If a person, persons, or companies willfully fail to report or complete or update beneficial owner information, FinCEN will ...