On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim ...

The U.S. Department of the Treasury is ending penalties for domestic companies stemming from a failure to provide ownership information.

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.

In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...

The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) announced that it will not issue any fines or ...

The Small Business and Entrepreneurship Council (SBE Council) says the suspension of the Corporate Transparency Act (CTA) ...

Unless reversed, the Treasury’s decision will reopen the US financial system to abuse by the corrupt and criminals.

Indiana Secretary of State Diego Morales applauds the U.S. Department of the Treasury’s announcement Monday, regarding ...

Former Treasury Secretary Janet Yellen and other officials previously estimated the regulatory burden would cost about $85 ...

The estimated cost of compliance is $8000 per business. And a single tweet ended it. How government stopped it's invasive look into business.

The U.S. Treasury said it wouldn't impose penalties associated with Beneficial Ownership Information reporting under the ...

The Biden-era small-business rule is aimed at curbing money laundering and formation of shell companies. The rule had been ...