Treasury Department, business owners and BOI Requirements

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.
Treasury Department Will Not Enforce BOI Requirements for U.S. Small Businesses. Here's What to Know.
As of last week, business owners faced a March 21 deadline to complete the report. Now, the deadline has been suspended.
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 says it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation.
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.
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
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 ...
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 ...
Axios on MSN17h
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 ...
JD Supra19h
FinCEN Temporarily Pauses Enforcement of Beneficial Ownership Reporting Requirements Under the Corporate Transparency Act
On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not impose fines, penalties, ...