JD Supra12h
Deadline Approaches for RIAs to Adopt AML Programs CIP Requirements Remain in Limbo
On August 28, 2024, the Financial Crimes Enforcement Network (FinCEN) adopted a final rule that subjects investment advisers to the ...
The National Law Review14h
SEC and CFTC Extend Compliance Date for Form PF Amendments
On January 29, 2025, the Securities and Exchange Commission (“SEC”) and Commodity Futures Trading Commission (together, the ...
Don't let tax forms scare you: How to read your investment statements like a pro.
It's never on anyone's to-do list to carefully look at all the statements they're receiving. Most tax filers either hand those documents over to a professional or, if they are do-it-yourselfers, ...
Your tax return could be 'flagged for audit' without these key forms, experts say
The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.
Conventus Law1d
US – Supreme Court Stays Corporate Transparency Act Injunction, But Beneficial Ownership Reporting Requirements Remain Paused.
US - Supreme Court Stays Corporate Transparency Act Injunction, But Beneficial Ownership Reporting Requirements Remain Paused ...
ICIJ2d
US company database remains on hold, despite Supreme Court decision
Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block ...
JD Supra2d
NTA Addresses Overlap Reporting
On 1/8/25, the National Taxpayer Advocate (NTA) published its 2024 Annual Report to Congress and identified taxpayers’ ...
Fearmongering The Civil And Criminal Penalties Of Beneficial Ownership Information Reporting
Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...
Mastercard, Visa accused of handling payments for child abuse content
Mastercard and Visa allegedly failed to halt payments linked to child abuse material and sex trafficking on OnlyFans, Reuters ...
U.S. Supreme Court Allows Beneficial Ownership Interest Reporting To Go Forward
The U.S. Supreme Court has stayed the preliminary injunction in the Texas Top Cop Shop case, allowing FINCEN Beneficial ...
JournalofAccountancy7d
FinCEN says BOI reporting remains on hold
The Financial Crimes Enforcement Network (FinCEN) said Friday that while the U.S. Supreme Court did stay one nationwide injunction, one issued by a different judge in a separate case remains in effect ...