The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of ...

Below is a statement from the Financial Crimes Enforcement Network (FinCEN) released February 27, 2025 stating it will not take any enforcement ...

President Trump praised the Treasury Department late Sunday for its recent decision to suspend enforcement of the Beneficial ...

On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not impose fines, penalties, ...

The Treasury Department announced that it is suspending enforcement of the Beneficial Ownership Information (BOI) 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, ...

After more than a year of not knowing where beneficial ownership information rules stand, small businesses are now off the ...

Donald Trump is celebrating his administration’s move to ignore a law that targeted money laundering.

After a short reprieve from the requirement to file a beneficial ownership information report (BOIR) with the federal ...

As of last week, business owners faced a March 21 deadline to complete the report. Now, the deadline has been suspended.

Trump blasted the rule as an "absolute disaster" for small businesses and said the Treasury is also finalizing a new regulation to suspend it.

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. In a Sunday evening announcement, Treasury ...