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

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 ...

FinCEN stores BOI reports in a centralized database and ... The Treasury Department gives some examples of owners who are exempt and do not qualify: minor children nominees, intermediaries ...

Reporting companies covered by the Corporate Transparency Act's (CTA's) beneficial ownership information (BOI) reporting requirement do not have to file the reports while an injunction remains in ...

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

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

If the Supreme Court decides that it is not appropriate for a district court to set a nationwide standard, then FinCEN will have to set alternate filing dates. There are a lot of moving parts. We're ...

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

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 ...

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

There are multiple exceptions to the requirement: For example ... violates" BOI reporting requirements. The agency isn't out for "gotcha enforcement," Hanichak said. "FinCEN understands this ...