The U.S. Department of the Treasury is ending penalties for domestic companies stemming from a failure to provide ownership information.

In its most recent annual report to Congress, the Taxpayer Advocacy Service outlines troublesome trends it sees in the processing and administration of tax returns and taxpayer support. By law, ...

Love it or hate it, beneficial ownership information reporting is on the shelf for most small businesses — for now, at least.

On Sunday, March 2, 2025, the U.S. Department of Treasury announced, with respect to the Corporate Transparency Act (CTA), that it will not ...

On February 18, 2025—after a flurry of litigation and uncertainty surrounding the Corporate Transparency Act’s (CTA) beneficial ownership ...

The estimated cost of compliance is $8000 per business. And a single tweet ended it. How government stopped it's invasive look into business.

The U.S. Treasury said it wouldn't impose penalties associated with Beneficial Ownership Information reporting under the ...

The Corporate Transparency Act, which has been on again and off again for months is now off again.

The U.S. Treasury Department announced Sunday a suspension of the enforcement of the Corporate Transparency Act (CTA) against ...

The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...

The deadline for companies to submit beneficial ownership information has been extended. The NBAA is encouraging member ...

Businesses must file beneficial ownership details by March 21. Tracy Fickett explains what motorcoach companies need to do to ...