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

The Treasury Department announced plans to significantly narrow beneficial ownership information (BOI) reporting obligations ...

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.

In surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...

The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) announced that it will not issue any fines or ...

The Small Business and Entrepreneurship Council (SBE Council) says the suspension of the Corporate Transparency Act (CTA) ...

Indiana Secretary of State Diego Morales applauds the U.S. Department of the Treasury’s announcement Monday, regarding ...

The National Cattlemen’s Beef Association (NCBA) thanked (March 3, 2025) President Donald Trump and U.S. Treasury Secretary Scott Bessent for suspending enforcement of the Corporate Transparency Act ...

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.