As discussed in our prior client alert, following the February 18 decision by the U.S. District Court for the Eastern District of Texas in Smith ...

On March 2, 2025, the U.S. Treasury Department announced that it will no longer be enforcing any penalties or fines against U.S. citizens, ...

In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...

The US government will no longer require US-based companies or American citizens to comply with beneficial ownership ...

The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...

The U.S. Treasury Department announced Sunday a suspension of the enforcement of the Corporate Transparency Act (CTA) against ...

Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership ...

On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...

Companies are back on the hook to submit reports on their beneficial owners, but there’s a chance that new small businesses ...

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.

The Corporate Transparency Act, which has been on again and off again for months is now off again.

A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...