The Financial Crimes Enforcement Network (FinCEN) will extend the current March 21 beneficial ownership information (BOI) reporting deadline, has suspended BOI enforcement, and will develop new ...

Many in the business community celebrated the sudden March announcement that US-based companies would be exempt from ...

The deadline to file comments on a rule that essentially kills beneficial ownership information reporting requirements is ...

the beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) have been reinstated. In response, the Financial Crimes Enforcement Network (FinCEN ...

On Monday, the U.S. Court of Appeals for the Fifth Circuit allowed the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) to enforce BOI reporting after a judge for the U.S ...

UPDATE: DECEMBER 28, 2024: In the latest twist of the FinCEN Beneficial Owners Information (BOI) report, the new deadline for FinCEN's BOI Report is on hold again. On Saturday, December 28 ...

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 ...

As of this writing, businesses are no longer required to file BOI reports with FinCEN. Businesses can, however, still voluntarily submit BOI reports through the FinCEN website. Millions of small ...