On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced an interim final rule, which was officially published in the ...

US legal entities are no longer subject to the reporting requirements of the Corporate Transparency Act (CTA). On March 21, 2025, the Financial ...

FinCEN cited this executive order, along with the CTA’s own language instructing regulators to “minimize burdens,” as justification for the move. The Departments of Justice and Homeland ...

I am confused about the current status of whether the Corporate Transparency Act (CTA) applies to community associations ...

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The criminal penalties imposed by the law open the door for abuse by the IRS and politically motivated prosecutors with an axe to grind.

The move reflects an announcement earlier this month in which FinCEN said it would no longer enforce the CTA, nor enforce any penalties or fines associated with beneficial ownership reporting under ...

Attorneys from 25 states, including West Virginia, Kansas and South Carolina, on Thursday submitted an amicus brief that ...

Even the single-member LLCs, which are “disregarded” for income tax purposes, must file reports with FinCEN under the CTA. The term “ownership” itself is not as straightforward or simple ...

The move reflects an announcement earlier this month in which FinCEN said it would no longer enforce the CTA, nor enforce any penalties or fines associated with beneficial ownership reporting under ...