Why it makes sense to prepare now to file the FINCEN Beneficial Ownership Inforamtion (BOI) reporting even if the deadline is ...

Millions of small businesses have yet to file a Beneficial Ownership Information (BOI) Report, a document that identifies who owns a business by providing personal details like names, addresses ...

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

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

However, there have been twists and turns to it in the last few weeks. Ultimately, as of January 24, 2025, the BOI report is still not required, despite a Supreme Court ruling. Originally ...

While the courts are making beneficial ownership information reporting requirements more confusing, Congress may give ...

Entities subject to the Corporate Transparency Act’s beneficial ownership information reporting requirement are not currently required to file ...

The bill, which provides a deadline of Jan. 1, 2026, for an estimated 32 million small businesses to file beneficial ownership information reports, comes as the BOI requirements are mired in court ...

In a LinkedIn post, Melanie Lauridsen, the AICPA's vice president–Tax Policy & Advocacy, said, "We are encouraged by FinCEN's intention to provide a 30-day filing extension for the BOI report in the ...

Nicole Gillyard gets candid about the Beneficial Ownership Information (BOI) report, its importance, compliance steps, how to ...

Note that if a business owner realizes a company is exempt from filing after a report, you may file an updated BOI report indicating the company is newly exempt from reporting requirements.