As of last week, business owners faced a March 21 deadline to complete the report. Now, the deadline has been suspended.

The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...

The beneficial ownership information (BOI) reporting requirement was introduced with the enactment of the Corporate ...

According to the Treasury, the department will be issuing proposed rules to narrow the scope of the rule to foreign reporting ...

The U.S. Treasury said it wouldn't impose penalties associated with Beneficial Ownership Information reporting under the ...

President Donald Trump has expressed his approval of the Treasury Department’s decision to suspend the Beneficial Ownership ...

On February 19, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that most reporting companies under the ...

The estimated cost of compliance is $8000 per business. And a single tweet ended it. How government stopped it's invasive look into business.

The U.S. Treasury Department announced Sunday a suspension of the enforcement of the Corporate Transparency Act (CTA) against ...

The Treasury will no longer enforce Corporate Transparency Act reporting rules for U.S. businesses, a move critics say ...

On March 2, 2025, the U.S. Treasury Department announced that it would not enforce penalties or fines associated with beneficial ownership ...

The U.S. Treasury Department says it will not enforce a Biden-era small business rule intended to curb money laundering and ...