The economic menace of BOI reporting will soon be no more." The Treasury Department announced in a series of posts on X that penalties or fines associated with BOI will not be enforced, and neither ...

Last week, the Financial Crimes Enforcement Network (FinCEN) said it would announce new BOI reporting deadlines no later than March 21. But on Sunday, Treasury said "it will further not enforce any ...

Following announcements from the Financial Crimes Enforcement Network (“FinCEN”) on February 27, 2025, and the United States ...

The Financial Crimes Enforcement Network (FinCEN), the agency that enforces BOI rules under the anti-money-laundering Corporate Transparency Act, P.L. 116-283, had said it would set new reporting ...

U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing requirements of the Corporate Transparency Act (CTA). The dramatic policy change was first ...

U.S. Department of the Treasury, No. 6:24-CV-336 (E.D. Texas 1/7/25), granted a Department of Justice (DOJ) request for a stay of the court's nationwide injunction. FinCEN, which enforces BOI ...

There is no cost to file a BOI report. Business owners can file their BOIR electronically using FinCEN’s BOI E-Filing website. Or they can engage a third party—such as an online business ...

Free Retransmission: If FinCEN rejects a BOI report due to errors, clients can fix the errors with TaxBandits' assistance and retransmit at no extra charge. Refund for Duplicate Filing ...

Over the weekend, he celebrated FinCEN's announcement of no fines or penalties, calling the BOI reporting requirement "outrageous and invasive" on TruthSocial. The deadline itself is somewhat in ...