JD Supra22m
Client Alert: CTA Enforcement Suspended – Key Updates on Filing Requirements
On March 2, 2025, the U.S. Department of the Treasury t (“Treasury”) announced that it will not impose penalties, fines, or ...
JD Supra2h
FinCEN Announces No Fines or Penalties Under the CTA Pending New Rulemaking, New Narrowed Enforcement Scope
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 ...
US Treasury, Trump score a huge win for Main Street
Treasury Department put out a press release that could save tens of millions of small businesses from being treated like ...
Accounting Today19h
BOI reporting will not be enforced
Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.
The National Law Review20h
Treasury May Be Shifting CTA Reporting Rule Away from Domestic and Toward Foreign Reporting Companies
On March 2, 2025, the United States Department of Treasury announced that it will not enforce fines or penalties based on the ...
HousingWire22h
Treasury halts business ownership information reporting
The U.S. Department of the Treasury is ending penalties for domestic companies stemming from a failure to provide ownership information.
The National Law Review23h
Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies
The Treasury Department announced plans to significantly narrow beneficial ownership information (BOI) reporting obligations ...
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 ...