BOI, business owners and Treasury Department

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.
U.S. Treasury Department Announces Changes to the BOI Reporting Requirements Under the Corporate Transparency Act
On March 2, 2025, the Department of Treasury confirmed in a press release that it will not enforce any penalties or fines associated with the
Treasury says it won’t enforce BOI fines or penalties against U.S. citizens, businesses
A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit beneficial ownership information reporting to foreign reporting companies only.
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 Department suspends enforcement of ownership information reporting for millions of businesses
The rule was enacted to “make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies or other opaque ownership structures,” according to FinCEN.
Treasury ends enforcement of business ownership database meant to stop shell company formation
The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. Ticker: Stop & Shop Teamsters report labor deal;
JD Supra17h
Corporate Transparency Act Back in Effect: Updated BOI Compliance Deadlines - Update
As of February 18, 2025, all nationwide injunctions barring the enforcement of the Corporate Transparency Act (the “CTA”) ...
LVB1d
Corporate Transparency Act on hold once again
The Corporate Transparency Act, which has been on again and off again for months is now off again.
Donald Trump Celebrates End of Corporate Transparency Act Measure
The Treasury will no longer enforce an anti-money laundering law that Trump said was an "absolute disaster" for small businesses.
US treasury halts enforcement of corporate transparency act and BOI reporting, Donald Trump says ‘exciting news’
The US treasury department announced that it will halt enforcement of the Corporate Transparency Act's Beneficial Ownership ...
Accounting Today1d
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.
Enforcement of BOI and Corporate Transparency Act suspended by Treasury Department, Trump reacts, ‘This Biden rule…’
The Treasury Department has announced that it will no longer enforce the Corporate Transparency Act or the associated BOI ...
Crowdfund Insider1d
SBE Council Says Corporate Transparency Act Suspension Big Win for Small Firms, as Treasury Says it Will Not Be Enforced
The Small Business and Entrepreneurship Council (SBE Council) says the suspension of the Corporate Transparency Act (CTA) ...
The Floridian2d
Trump Continues Pro-Small Business Approach, Guts BOI Rules
President Donald Trump’s Treasury Department recently announced that it will not enforce the Corporate Transparency Act’s ...
JD Supra3d
The Corporate Transparency Act: FinCEN Not Issuing Fines or Penalties in Connection with March 21 Deadline
As an update to our February 21 article, yesterday FinCEN announced that it “will not issue any fines or penalties or take ...