An expert Q&A on the US Department of the Treasury’s Financial Crimes Enforcement Network’s (FinCEN’s) interim final rule ...

FinCEN Says Corporate Transparency Act (CTA) Reports Are Voluntary Following Court Decision The U.S. government has appealed the nationwide preliminary injunction—and FinCEN has backed off of ...

The CTA requires that the owners and part-owners of an estimated 32.6 million small businesses must register personal information with FinCEN, such as a photo ID and home address, by Jan. 1.

The CTA requires that the owners and part-owners of an estimated 32.6 million small businesses must register personal information with FinCEN, such as a photo ID and home address, by Jan. 1.

FinCEN previously estimated that the CTA would cost businesses: $21.7 billion in labor costs for initial reports in year one, $3.3 billion annually thereafter for new companies, and; ...

FinCEN’s interim rule exempts U.S. entities and individuals from CTA reporting, slashing filings from millions to 12,000 annually. Learn key impacts and timelines ...

FinCEN estimates that the CTA, P.L. 116-283, which includes the BOI reporting requirements, covers 32 million small businesses. The Texas Public Policy Foundation, which represents the plaintiffs in ...

The CTA generally requires "reporting companies" to report their "beneficial owners" to FinCEN. "Reporting companies" include corporations, limited liability companies, and other entities that are ...

The CTA requires that the owners and part-owners of an estimated 32.6 million small businesses must register personal information with FinCEN, such as a photo ID and home address, by Jan. 1.