FinCEN is also exempting entities previously known as "domestic reporting companies" from BOI reporting requirements. The move reflects an announcement earlier this month in which FinCEN said it would ...

After almost 18 months of uncertainty and confusion with respect to the implementation and enforcement of the Corporate Transparency Act (CTA), ...

FinCEN also stated it intends to develop a process for revising the BOI reporting rule to reduce the burden on the many U.S. small businesses that are lower-risk entities. Breaking Down the New ...

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a final interim rule that eliminates beneficial ownership information (BOI) reporting obligations for U.S.-based ...

The National Federation of Independent Business said in a letter to Treasury Secretary Scott Bessent that millions of ...

The orders require title firms to identify the true owners behind shell companies involved in non-financed residential ...

FinCEN is also exempting entities previously known as "domestic reporting companies" from BOI reporting requirements. Under the interim final rule, all entities created in the U.S. — including those ...

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

Domestic Entities No Longer Required to Disclose Beneficial Ownership Information - The U.S. Treasury Department’s Financial ...

The BOI filing requirement still applies to foreign companies registered to do business in the United States under the interim final rule from the Financial Crimes Enforcement Network (FinCEN), which ...

FinCEN cited this executive order ... The Departments of Justice and Homeland Security concurred that BOI reporting from domestic companies was not "highly useful" for national security or ...