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

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 ...

Q. I live in a large condo association. As long as I have lived here, the association has used a studio condo unit as an office owned by the association. For the majority of that time, we had a ...

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

US - Supreme Court Stays Corporate Transparency Act Injunction, But Beneficial Ownership Reporting Requirements Remain Paused ...

While much has happened during the past few years, and significant change lies immediately ahead, there is little that is new ...

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

The BOI is the U.S ... willfully fail to report or complete or update beneficial owner information, FinCEN will determine appropriate enforcement response in the form of civil or criminal penalties.

Reporting companies covered by the Corporate Transparency Act's (CTA's) beneficial ownership information (BOI ... form a corporation, limited liability company, or other similar entity. Most reports ...

The CTA was passed as part of FinCEN’s operational purview. “Under the law, small businesses have to report tons of private information to FinCen,” Patronis said. “While President Trump ...

to document who has a hand in their operation—termed “beneficial ownership information” (BOI)—and report it to the Financial Crimes Enforcement Network (FinCEN). Companies were directed to file the ...

In enacting the CTA, Congress sought to address concerns relating to the use of certain entities (those required to report under the FINCEN BOI reporting ... in some form or another for years ...