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

FinCEN has once again changed course on enforcement of the CTA. On February 27, 2025, FinCEN announced that it will not issue ...

Even after the latest round of deletions, errors still persisted on the site. DOGE still claimed that it had saved $106 ...

In addition to Musk’s emails, agencies have already been dealing with DOGE’s recommendations to implement massive layoffs.

The deadline for companies to submit beneficial ownership information has been extended. The NBAA is encouraging member ...

On February 18, 2025, the United States District Court for the Eastern District of Texas reinstated reporting obligations ...

Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership information under the law.

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

Small-business owners should now expect an interim rule that would, once again, extend the reporting deadlines as part of the process to craft new guidance. The Financial Crimes Enforcement Network, ...

Learn about the latest updates on the Corporate Transparency Act, including the cessation of enforcement and a new interim rule in the works.

The Treasury Department announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting under the existing ...

A man was sentenced to more than eight years in prison for his role in what federal prosecutors are calling an international fraud scheme.