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

The AICPA and state CPA societies have written numerous letters to Congress and FinCEN, urging a delay in the reporting deadline. The AICPA regularly updates its BOI reporting resource center.

Garland. Previously, FinCEN had extended the deadline from January 1, 2025. The Fifth Circuit justified this flip flop on the basis that: “The merits panel now has the appeal, which remains ...