Corporate Transparency Act Update: Enforcement Suspended for U.S. Citizens and Domestic Reporting Companies
In a release dated March 2, 2025, the Treasury Department has indicated that all enforcement of the Corporate Transparency Act (the “CTA”)
SBE Council Says Corporate Transparency Act Suspension Big Win for Small Firms, as Treasury Says it Will Not Be Enforced
The Small Business and Entrepreneurship Council (SBE Council) says the suspension of the Corporate Transparency Act (CTA) Beneficial Ownership Information
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 information under the law.
Donald Trump Celebrates End of Corporate Transparency Act Measure
The Treasury will no longer enforce an anti-money laundering law that Trump said was an "absolute disaster" for small businesses.
Treasury suspends Corporate Transparency Act enforcement
The Treasury Department announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting under the existing regulatory deadlines.
Trump praises Treasury Department's move to suspend enforcement of BOI requirements
President Trump praised the Treasury Department late Sunday for its recent decision to suspend enforcement of the Beneficial Ownership Information reporting requirements.
Enforcement of BOI and Corporate Transparency Act suspended by Treasury Department, Trump reacts, ‘This Biden rule…’
The Treasury Department has announced that it will no longer enforce the Corporate Transparency Act or the associated BOI reporting requirements.
Four Things Businesses Should Know About The Corporate Transparency Act
If you’re a business owner, the question of whether or not you are required to file a beneficial ownership information report ...
JD Supra2h
Corporate Transparency Act Enforcement PAUSED - Reporting Companies May Suspend Compliance Pending Further FinCEN Guidance
As we noted in our February 20, 2025, client alert, unless the Financial Crimes Enforcement Network ("FinCEN") or Congress ...
Lehigh Valley Business7h
Corporate Transparency Act on hold once again
The Corporate Transparency Act, which has been on again and off again for months is now off again.
‘This is a victory for common sense’: Dept. of Treasury announces changes to Corporate Transparency Act
The Treasury Department announced on Sunday, it will not enforce any penalties or fines associated with the beneficial ...
Brownfield Ag News12h
Another reporting delay for the Corporate Transparency Act?
Many farms that operate as an LLC or a corporation are wondering about the on-again, off-again requirements of the Corporate Transparency Act, and the need to report the personal information of ...
The National Law Review5d
Corporate Transparency Act Filing Requirement Is Back
The new deadline to comply with the Beneficial Ownership Information (BOI) reporting requirements under the Corporate ...
Crain's Detroit23h
Federal judge in Michigan strikes down Corporate Transparency Act as unconstitutional
A federal judge in Grand Rapids has declared a law requiring businesses to report their ownership to the government as ...
Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...