Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...

Update: On January 24, FinCEN published updated reporting guidance in which it announced that reporting companies are not ...

Carta has noted that Supreme Court made ruling for FinCEN to continue enforcing CTA beneficial ownership information report ...

Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...

The Supreme Court stayed an injunction on the CTA and its beneficial ownership information requirement, but it remains on ...

The Supreme Court has stayed the nationwide injunction blocking the enforcement of the Corporate Transparency Act (CTA), but ...

U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in ...

U.S. Senator Tommy Tuberville (R-Ala.) and Congressman Warren Davidson (R-OH-08) have re-introduced the Repealing Big Brother ...

On January 1, 2024, the Corporate Transparency Act (the “Act”) went into effect. The Act requires all non-exempt corporations, limited liability companies, and partnerships created or registered to do ...

“In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do ...