JD Supra2h
FinCEN Adopts Interim Final Rule Limiting CTA Reporting Requirements to Foreign Reporting Companies
US legal entities are no longer subject to the reporting requirements of the Corporate Transparency Act (CTA). On March 21, ...
JD Supra2h
FinCEN Exempts U.S. Companies from CTA Reporting — But Legal Uncertainty Remains
FinCEN Limits CTA Reporting to Foreign Entities — For Now On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) ...
Corporate Transparency Act: Current Status and Future Implications for Health Care Clients
FinCEN is accepting comments on the rule and will assess the exemptions, as appropriate, in light of those comments. FinCEN ...
Corporate Transparency Act: Navigating the Latest Developments
Learn how the Corporate Transparency Act (CTA) affects small businesses, new reporting rules, and what owners must do to stay ...
All That For Nothing? FinCEN Exempts U.S. Businesses From CTA Reporting
The Financial Crimes Enforcement Network has issued an interim final rule exempting domestic U.S. companies and U.S. citizens ...
National Law Review13d
CTA Reporting Now Required, but FinCEN Waives Penalties and Indicates New Reporting Deadline Extension Likely Later This Year
Update: On March 2, 2025, the Secretary of the Treasury posted a press release in which he stated that the Treasury ...
Accounting Today8d
FinCEN rule would end BOI reporting for US companies
The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report ...
MyChesCo on MSN1d
Treasury Overhauls Corporate Transparency Rules, Slashing Burdens on U.S. Businesses
The U.S. Department of the Treasury formally announced the publication of an interim final rule by its Financial Crimes ...
Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
In a surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the Corporate Transparency Act to domestic companies.
National Law Review7d
FinCEN Issues Interim CTA Rule, U.S. Entities and Individuals Exempted From Reporting
Highlights The Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that changes requirements for ...
Accounting Today5d
Treasury publishes rule narrowing BOI reporting
The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to ...
Opinion
Weirton Daily Times10hOpinion
Broad-strokes, unintended consequences could harm West Virginia
On March 26, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) filed an interim final rule that substantially relieves undue burdens on domestic businesses ...