House Passes Bill To Delay Beneficial Ownership Information (BOI) Reporting Deadline
A bill that could offer a reprieve for businesses seeking certainty on beneficial ownership information (BOI) reporting ...
JournalofAccountancy4d
BOI penalties increase while reporting rules remain on hold
The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.
Government Appeals Decision Blocking Business Ownership Reports, But Hints At Coming Policy Change
Treasury official notes the department aims to “reduce regulatory burden on businesses,” and is looking at modifying the ...
JD Supra5d
Corporate Transparency Act Still Blocked Despite Supreme Court Decision
The saga of confusing Corporate Transparency Act (CTA) litigation continues, but the guidance remains the same: companies are ...
JournalofAccountancy5d
FinCEN hints at BOI reporting changes in court filing
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 ...