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What to know about Trump-endorsed Treasury's BOI reporting suspension
The Treasury Department announced on Sunday that it will suspend fines and penalties linked to "beneficial ownership information" (BOI) required of millions of businesses. Why it matters ...
JD Supra11d
Out with a Whimper: FinCEN Issues Interim Final Rule on Corporate Transparency Act, Narrows BOI Reporting Requirements
On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced an interim final rule, which was officially published in the ...
JD Supra4d
Practical Implications of the Interim Final Rule for BOI Reporting Under the CTA
As we previously discussed, the Financial Crimes Enforcement Network (FinCEN) published an interim final rule (IFR) on March 26 that narrowed ...
American Coin-Op4d
BOI Reporting No Longer Required of U.S. Companies, Persons
WASHINGTON — Consistent with the U.S. Department of the Treasury’s announcement, the Financial Crimes Enforcement Network ...
Journal of Accountancy13d
Business advocacy group seeks destruction of millions of BOI records
The National Federation of Independent Business said in a letter to Treasury Secretary Scott Bessent that millions of ...