Beneficial Ownership Information (BOI) reporting is a new requirement established under the Corporate Transparency Act (CTA) ...

The U.S. Supreme Court takes up the constitutionality of the Corporate Transparency Act under the Commerce Clause and ...

The Repealing Big Brother Overreach Act will undo the Corporate Transparency Act and its beneficial ownership information ...

There is no current reporting obligation to file “beneficial ownership information” or a BOI Report. This update reflects the latest ruling by the US ...

Originally, these companies were required to report by January 1, 2025. For entities established ... currently not required to submit beneficial ownership information to FinCEN.

The beneficial ownership information saga continues with the federal government wanting the Supreme Court to resurrect BOI ...

The requirement is designed to enhance transparency and curb illicit activities, like money laundering and tax fraud.

Of the over 33 million small businesses in the U.S., only 8 million had filed at the time of an injunction blocking the ...

The law aims to curb illicit finance by asking many businesses operating in the U.S. to report beneficial ownership information to the ... the entity, according to FinCEN. Businesses must report ...

The January 2025 deadline for existing companies to file their beneficial ... certain corporate entities to report information about their ownership. Within hours of the ruling on Monday, the ...

However, certain businesses involved in ongoing litigation against the rule are temporarily exempt from reporting. The Beneficial Ownership Information registry — launched by the Treasury Department .