Corporate Transparency Act, We Hardly Knew Ye: What the Interim Final Rule Means for U.S. Businesses
The Corporate Transparency Act (CTA) has undergone a significant shift. The FinCEN recently issued a new Interim Final Rule ...
Learn how the Corporate Transparency Act (CTA) affects small businesses, new reporting rules, and what owners must do to stay ...
FinCEN adopts interim final rule to narrow scope of Corporate Transparency Act, opens comment period
The interim final rule drastically reduces the number of entities required to report beneficial ownership information. The ...
In a press release issued on March 21, 2025, FinCEN issued an interim final rule (IFR) revising the definition of “reporting company” to mean ...
FinCEN is accepting comments on the rule and will assess the exemptions, as appropriate, in light of those comments. FinCEN ...
You may have heard about the chaos and confusion regarding the Corporate Transparency Act, which could have put many farmers and small business owners in jail or fined them up to $10,000 for failing ...
The Corporate Transparency Act (CTA) is a classic example of intrusive big-government overreach. It places a new compliance ...
Opinion: Stinson attorneys Marc Weintraub and Zachary Taylor say businesses should brace for ongoing legal, regulatory, and ...
On March 21, 2025, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) released an interim final rule (Interim Rule) that broadly eliminates Beneficial Ownership Information (BOI) ...
6don MSNOpinion
Many small businesses made good-faith efforts to comply with the Corporate Transparency Act to avoid exorbitant fines and ...
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