JournalofAccountancy

BOI reporting changes don’t affect CTA’s constitutionality, filing says

The federal government in a court brief continued to defend the constitutionality of the Corporate Transparency Act (CTA), P.L. 116-283, even though the government has, at least temporarily, ...
JD Supra

BOI Reporting Requirements are Back; But No Penalties, For Now

On February 18, 2025—after a flurry of litigation and uncertainty surrounding the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting requirements—FinCEN set a new ...
Forbes

FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes

The U.S. Congress started the BOI problem and now needs to fix it. We last visited FINCEN's Beneficial Ownership Information (BOI) reporting requirements in my article, The FINCEN Beneficial Ownership ...
Accounting Today

Treasury publishes rule narrowing BOI reporting

The Treasury Department formally published an interim final rule Wednesday limiting the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.
JD Supra

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 the beneficial ownership information (BOI) reporting ...