Nonprofit concerns with the Corporate Transparency Act
After sitting on ice for most of the winter, the Corporate Transparency Act (CTA) is ready to spring into action. Companies ...
Trump Administration Curbs Enforcement of the Corporate Transparency Act
Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership ...
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 ...
JD Supra1d
Corporate Transparency Act Enforcement PAUSED - Reporting Companies May Suspend Compliance Pending Further FinCEN Guidance
As we noted in our February 20, 2025, client alert, unless the Financial Crimes Enforcement Network ("FinCEN") or Congress ...
Central Penn Business Journal1d
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.
International Consortium of Investigative Journalists21h
Treasury Department won’t enforce beneficial ownership rule under the Corporate Transparency Act
The rule, which was held up in court for the last few months, would require foreign and domestic companies to disclose their ...
Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...
Air Conditioning, Heating & Refrigeration News18h
Treasury Halts Enforcement of Corporate Transparency Act
The Treasury Department announced that it will not enforce penalties or fines against U.S. companies that do not register ...
Daily Herald6d
New deadline set for transparency act compliance
On Feb. 18, a federal judge lifted the stay in Smith v. U.S. Department of the Treasury, effectively reversing the nationwide injunction that prevented the government from enforcing the Federal ...
Accounting Today2d
Treasury suspends Corporate Transparency Act enforcement
Last week, FinCEN confirmed that it would "not issue any fines ... The move by the Treasury Department to no longer enforce the Corporate Transparency Act was criticized by corporate transparency ...
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 ...
Crain's Detroit Business2d
Federal judge in Michigan strikes down Corporate Transparency Act as unconstitutional
A federal judge in Grand Rapids has declared a law requiring businesses to report their ownership to the government as ...