FinCEN announced that it will not issue any penalties or pursue enforcement action against reporting companies for ...

On March 2, 2025, the U.S. Treasury Department announced that it will no longer be enforcing any penalties or fines against U.S. citizens, ...

The rule, which was held up in court for the last few months, would require foreign and domestic companies to disclose their ...

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.

In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...

Treasury Department put out a press release that could save tens of millions of small businesses from being treated like ...

The US government will no longer require US-based companies or American citizens to comply with beneficial ownership ...

The U.S. Department of the Treasury is ending penalties for domestic companies stemming from a failure to provide ownership information.

Former Treasury Secretary Janet Yellen and other officials previously estimated the regulatory burden would cost about $85 ...

We have become a highly bureaucratic, litigious, over-regulated society, and it’s bad,” said the JPMorgan Chase chief.

Doug Fagan, President and CEO of Partner Colorado Credit Union stated: “As one of the largest shareholders, we realize that Safe Harbors’ success contributes to the success of our members. We expect ...

In its most recent annual report to Congress, the Taxpayer Advocacy Service outlines troublesome trends it sees in the processing and administration of tax returns and taxpayer support. By law, ...