Accounting Today1h
BOI reporting will not be enforced
Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.
Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...
JD Supra1h
Corporate Transparency Act Enforcement PAUSED - Reporting Companies May Suspend Compliance Pending Further FinCEN Guidance
As we noted in our February 20, 2025, client alert, unless the Financial Crimes Enforcement Network ("FinCEN") or Congress ...
JD Supra1h
"CTA Whiplash: FinCEN Pumps the Brakes on Enforcement - What’s Next?"
Corporate Transparency Act (the “CTA”) compliance has taken yet another unexpected turn. Just as companies were gearing up to ...
Nonprofit concerns with the Corporate Transparency Act
After sitting on ice for most of the winter, the Corporate Transparency Act (CTA) is ready to spring into action. Companies ...
Lehigh Valley Business6h
Corporate Transparency Act on hold once again
The Corporate Transparency Act, which has been on again and off again for months is now off again.
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...
Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The rule was enacted to “make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies ...
The Citizen21h
Secretary Raffensperger Urges President Trump to Repeal FinCEN Reporting Requirements
Georgia Secretary of State Brad Raffensperger, along with several of his colleagues from across the country, sent President ...