FinCEN Sets New Deadline and Teases Future Leniency With CTA
The news marks just the latest example of how the CTA has been a moving target for the 34 million businesses the law affects.
Compliance Week1d
FinCEN issues new beneficial ownership information compliance date, but experts say unlikely to hold
Uncertainty continues to swirl around a requirement that small businesses and foreign entities file beneficial ownership ...
JD Supra16h
Client Alert: Mandatory CTA Compliance Returns – What You Need to Know
On February 17, 2025, the U.S. District Court for the Eastern District of Texas lifted the last remaining nationwide ...
JD Supra14h
And just like that—the Corporate Transparency Act is back!
The final judicial barrier to the Financial Crimes Enforcement Network’s enforcement of the Corporate Transparency Act’s beneficial ...
Long Island Business News1d
Feds give new deadline to report LLC ownership info
After several months of ping-ponging court decisions, corporations and limited liability companies (LLCs) must file ...
Central Penn Business Journal16h
Corporate Transparency Act injunction overturned – What that means for businesses
A recent court ruling has lifted the injunction on the enforcement of the Corporate Transparency Act, which means that most ...
American Banker8dOpinion
Corporate Transparency Act enforcement needs an overhaul
The rule requiring businesses to report their beneficial ownership is deeply flawed. Enforcement should be suspended until it ...
JournalofAccountancy1mon
FinCEN says BOI reporting remains on hold
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 ...
CCJ1d
U.S. Treasury reinstates business-owner reporting requirement
After nearly a year of legal challenges, the Financial Crimes Enforcement Network's beneficial ownership information ...
Hosted on MSN16d
What Does Your Financial Institution Need to Know About Your Company’s Ownership in 2025?
Yes, the requirement to register an entity’s Beneficial Ownership Information (BOI) with the U.S. Government agency, Financial Crime Enforcement Network (FINCEN), is being bounced around in the ...
Forbes28d
Despite Supreme Court’s Recent Stay No Reporting Is Required For The CTA
FILE - Treasury Secretary Janet Yellen receives a briefing during a visit to the Financial Crimes ... [+] Enforcement Network (FinCEN) in Vienna, Va., Jan. 8, 2024. The National Small Business ...