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

BOI refers to the individuals who ultimately own or control a company, directly or indirectly. Fincen argues that requiring U.S. companies to file this information is a "burdensome" regulation. Under ...

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

Through June, FinCEN said, it has reached more than 90,000 stakeholders ... when financial institutions with customer due-diligence requirements will be able to review BOI. In light of the continuing ...

File a compliant and stress-free BOI Report for only $149 with LegalZoom. The Financial Crimes Enforcement Network (FinCEN) oversees this law and asks that LLCs and other companies declare the company ...

FinCEN, which oversees beneficial ownership information reports ... when financial institutions with customer due-diligence requirements will be able to review BOI. Two sets of proposed regulations ...

This update clarifies the announcement that U.S. companies and persons are no longer required to report BOI to FinCEN. This interim final rule does NOT eliminate BOI reporting. When faced with ...