BOI, Fincen

FinCEN says there will be no fines, penalties for failure to report BOI before deadline
The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their beneficial ownership information before the agency's March 21 deadline will not face fines or penalties.
Who Needs to File a BOI Report and What to Know About the Deadlines
After a short reprieve from the requirement to file a beneficial ownership information report (BOIR) with the federal government, most businesses are again mandated to comply with the reporting obligations under the Corporate Transparency Act (CTA).
FinCEN extends BOI reporting deadline, halts enforcement
The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.”
FinCEN Resets the Corporate Transparent Act’s BOI Deadline to March 21
Due to the February 17, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of
FinCen Announces New Deadline for BOI Reporting Under Corporate Transparency Act
The Financial Crimes Enforcement Network of the U.S. Treasury Department (FinCEN) announced a new deadline for most companies covered by the Corporate Transparency Act (CTA). Such reporting companies now must file Beneficial Ownership Information (BOI) reports no later than March 21,
Trump praises Treasury Department's move to suspend enforcement of BOI requirements
President Trump praised the Treasury Department late Sunday for its recent decision to suspend enforcement of the Beneficial ...
JD Supra2d
FinCEN Announces No Penalties for BOI Reporting Failures
FinCEN announced “it will not issue any fines or penalties or take any other enforcement actions against companies based on ...
FinCEN Offers Extra Time To File After Court Reinstates Beneficial Ownership Information (BOI) Reporting Requirements
A court in the Eastern District of Texas has reinstated beneficial ownership information (BOI) reporting requirements under ...
Compliance Week10d
FinCEN issues new beneficial ownership information compliance date, but experts say unlikely to hold
Uncertainty continues to swirl around a requirement that small businesses and foreign entities file beneficial ownership ...
The On-Again, Off-Again, Now-On-Again BOI Filing Requirement for Fleets
The Beneficial Ownership Information (BOI) reporting requirement has become another regulatory headache for trucking fleets, ...
BOI Reporting Is Back: FinCEN Announces New BOIR Filing Deadline & TaxBandits Facilitates Seamless Reporting Process
FinCEN reinstates BOI reporting for March 21, 2025; TaxBandits ensures seamless compliance with AI-powered e-filing and BanditGuarantee benefits.
Daily Herald3d
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 ...
JD Supra4d
CTA Whiplash Continues – FinCEN Announces Compliance is Mandatory but Extends Deadline – RMG
Beneficial Ownership Information (“BOI”) reporting under the Corporate Transparency Act (the “CTA”) is once again mandatory.