Individuals and reporting companies required to file, but that don't do so face several potential sanctions. Currently, the ...

In a surprising reversal, on December 26, 2024, a panel of the Fifth Circuit Court of Appeals issued an Order that vacated (effectively reversing) ...

Millions of small-business owners have received another reprieve amid see-sawing court decisions over a requirement to report ...

New federal disclosure rules for small businesses, scheduled for Jan. 1, have been halted. They would have put millions of ...

As reported in our recent Update, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction ...

Speed limiters, the Ice Pick Bandit, broker transparency, Trump taking back the White House -- what might get your vote for ...

As of December 27, 2024, the BOI Report is non-enforceable. The Fifth Circuit’s “merits panel” thought that the original Texas injunction had some validity. Enforcement of the BOI Report has been ...

Many businesses are receiving notifications that they need to file a Beneficial Ownership Information Report. This is a new ...

The Treasury Department says Chinese hackers remotely accessed several employee workstations and unclassified documents after ...

The U.S. Fifth Circuit Court of Appeals issues its rulings regarding FinCEN's Beneficial Ownership Reporting mandate.

As a result of the Fifth Circuit U.S. Court of Appeals Decision Dec. 23 overturning the injunction against the Corporate Transparency Act (CTA), FinCEN has extended the deadline for reporting ...