Beneficial ownership information reporting deadline extended
The deadline for companies to submit beneficial ownership information has been extended. The NBAA is encouraging member companies to file before the deadline.
FinCEN Again Delays CTA Reporting Deadlines and Suspends Enforcement
On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim final rule by March 21, 2025, with extended beneficial ownership information reporting deadlines.
FinCEN’s March 21 CTA Deadline to Report Beneficial Ownership Info Will Not Be Enforced … Yet
The Financial Crimes Enforcement Network (FinCEN) published new guidance on Feb. 27, 2025, putting its plan to begin enforcing the
FinCEN says there will be no fines, penalties for failure to report BOI before deadline
The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their beneficial ownership information before the agency's March 21 deadline will not face fines or penalties.
FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines for Now
FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines.
JD Supra3h
FinCEN Pauses Enforcement of Corporate Transparency Act (Again!)
FinCEN has once again changed course on enforcement of the CTA. On February 27, 2025, FinCEN announced that it will not issue ...
Trump Administration Curbs Enforcement of the Corporate Transparency Act
Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership ...
Texas judge clears way for anti-money laundering law's enforcement
A federal judge in Texas on Tuesday lifted an order that blocked the enforcement of an anti-money laundering law that forces ...
beckersdental7h
Corporate Transparency Act enforcement suspended again: 7 things to know
Learn about the latest updates on the Corporate Transparency Act, including the cessation of enforcement and a new interim rule in the works.
JournalofAccountancy26d
FinCEN hints at BOI reporting changes in court filing
The Financial Crimes Enforcement Network (FinCEN) will consider changes to the beneficial ownership information (BOI) reporting requirements if a court grants the government's request for a ...
Corporate Transparency Act Rule Is in Effect After Texas Federal Court Decision
U.S. District Judge Jeremy Kernodle decided to stay an injunction that had prevented the Treasury Department's financial ...
Trump administration scraps mandate for most businesses, vows new rule
Small-business owners should now expect an interim rule that would, once again, extend the reporting deadlines as part of the process to craft new guidance. The Financial Crimes Enforcement Network, ...
$6 million international fraud scheme spotlights fraud targeting older Texans
A man was sentenced to more than eight years in prison for his role in what federal prosecutors are calling an international fraud scheme.