The Financial Crimes Enforcement Network (FinCEN) has amped up its outreach efforts to update businesses on the requirements for beneficial ownership information (BOI), which requires reports from ...

The Financial Crimes Enforcement Network (FinCEN) will extend the current March 21 beneficial ownership information (BOI) reporting deadline, has suspended BOI enforcement, and will develop new ...

After a series of twists and turns, small companies meeting certain qualifications are once again asked to file beneficial ownership information reports (BOI) with the Department of the Treasury ...

Introduced in 2021 under Biden, the BOI rule—mandating companies to report ownership details to combat money laundering—drew fire from small business owners and GOP lawmakers for its ...

The U.S. Department of Treasury has suspended all penalties and fines for beneficial ownership information (BOI) reporting under the Corporate Transparency Act (CTA) for U.S. citizens and domestic ...

So, why on earth did companies balk at the Beneficial Ownership Information (BOI) requirement of the U.S. Corporate Tax Transparency Act? And why did it come to a screeching halt over a tweet?

President Donald Trump praised the Treasury Department on Truth Social on Sunday for announcing it was suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirement ...