Although the Corporate Transparency Act (the “CTA”) is no longer halted by nationwide preliminary injunctions, U.S. companies ...

The U.S. Treasury Department's Financial Crimes Enforcement Network issued a final interim rule that eliminates beneficial ...

The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report ...

However, FinCEN announced it will not be issuing fines or penalties for companies that fail to report. Originally, the requirement went into effect in 2024, with deadline to file the BOI report of ...

NOW, IF YOU OWN 25% OR MORE OF AN LLC OR A CORPORATION, YOU’RE REQUIRED TO FILE YOUR INFORMATION WITH THE FINANCIAL CRIMES ENFORCEMENT NETWORK, ALSO KNOWN AS FINCEN. MOST COMPANIES HAVE UNTIL ...