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

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 ...

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

The saga of confusing Corporate Transparency Act (CTA) litigation continues, but the guidance remains the same: companies are ...

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

The Financial Crimes Enforcement Network (“FinCEN”) announced on Friday, January 24, 2025, that reporting companies are not currently required to ...

Local businesses are being urged to pay attention as updates come to the controversial Corporate Transparency Act. Earlier this month, we reported that a last-minute ...

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 ...

"The CTA, part of the National Defense Authorization Act ... for failing to file while the injunction remains in effect. On Friday, FinCEN updated the guidance on its BOI page: "In light of a recent ...

The CTA mandates that organizations that have filed for incorporation under state law submit detailed reports to the Treasury's Financial Crimes Enforcement Network, or FinCEN, with civil ... to be ...

The recent turbulence surrounding the Corporate Transparency Act requires careful investment into financial stability to ensure companies remain compliant and prepared for the future.