Treasury Department, beneficial ownership information

Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of businesses.
‘An absolute disaster’: Treasury Department will not enforce beneficial ownership information rules
After more than a year of not knowing where beneficial ownership information rules stand, small businesses are now off the hook … for good?
Treasury ends enforcement of business ownership database
The Biden-era small-business rule is aimed at curbing money laundering and formation of shell companies. The rule had been mired in litigation as business leaders cited privacy and security concerns.
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.
Treasury suspends small-business ownership reporting requirement
The U.S. Treasury said it wouldn't impose penalties associated with Beneficial Ownership Information reporting under the current requirements for U.S. entities.
Treasury Department halts enforcement of BOI requirements: What to know
The Treasury Department announced that it is suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirements. Here's what to know.
Treasury ends enforcement of business ownership database meant to stop shell company formation
The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening announcement, Treasury said in a news release that it will not impose penalties now or in the future if companies fail to register for the agency's
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...
The Very Weird End of Beneficial Ownership Information (BOI) Reporting
The estimated cost of compliance is $8000 per business. And a single tweet ended it. How government stopped it's invasive look into business.
JD Supra1h
FinCEN pauses beneficial ownership reporting enforcement: New rule and deadlines coming March 21
FinCEN announced its plans to issue an interim final rule that will extend the current beneficial ownership information ...
Treasury Declares New Ownership Reporting Law Will Only Apply To Foreign Companies
According to the Treasury, the department will be issuing proposed rules to narrow the scope of the rule to foreign reporting ...
American Banker21h
Treasury halts beneficial owner reporting for U.S. entities
The Treasury will no longer enforce Corporate Transparency Act reporting rules for U.S. businesses, a move critics say ...
JD Supra2h
U.S. Treasury Department Announces Suspension of BOI Reporting Penalties for U.S. Parties
On February 19, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that most reporting companies under the ...
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 ...
Trump administration scraps mandate for most businesses, vows new rule
The vast majority of small businesses no longer have to adhere to a strict deadline to report ownership information as p ...