Page 3 - Reporting Rule News Today

FinCEN has amended its final Beneficial Ownership Information Reporting Rule to allow reporting companies created or registered in 2024 90 days to file their initial...

What Does it Mean for Your Business? This article updates and provides new information and guidance and replaces our original article dated August 3, 2023. ...

Shining a Light on the Corporate Transparency Act: FinCEN’s Rules for Beneficial Ownership Reporting - On January 1, 2021, Congress enacted the Corporate Transparency Act...

On November 29, 2023, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) announced that it was amending the beneficial ownership information (“BOI”)...

On November 29, 2023, the Financial Crimes Enforcement Network (“FinCEN”) issued a final rule (the “Amendment”) to amend the Beneficial Ownership Information Reporting Requirements (the...

On January 1, 2021, Congress enacted the Corporate Transparency Act (the "CTA") as part of the Anti-Money Laundering Act of 2020 in the National Defense Authorization Act for Fiscal Year 2021.

The Beneficial Ownership Information Reporting Rule, which goes into effect Jan. 1, requires certain entities to file beneficial ownership information reports to the Financial Crimes Enforcement Network (FinCEN), according to a guide released by the Financial Crimes Enforcement Network.

On January 1, 2021, Congress enacted the Corporate Transparency Act (the “CTA”) as part of the Anti-Money Laundering Act of 2020 in the National…

Business owners and their lawyers need to understand the capital calculation rules for beneficial ownership reports under the Corporate Transparency Act. These rules vary based on the form of the entity.

I recently presented an overview of the Corporate Transparency Act (CTA) to a room full of nearly 100 lawyers. Here are a few questions I received and the answers I gave.