The rule required most small businesses to register their owners with the government, an effort to control money laundering and shell companies.

Having only announced its extended March 21, 2025 deadline to file beneficial ownership information reports under the Corporate Transparency ...

The Treasury will no longer enforce Corporate Transparency Act reporting rules for U.S. businesses, a move critics say ...

The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of ...

Although the Corporate Transparency Act (the “CTA”) remains in full force and effect and, along with it, a requirement for most reporting companies ...

As of last week, business owners faced a March 21 deadline to complete the report. Now, the deadline has been suspended.

Trump’s administration won’t enforce a Treasury Department rule requiring shell companies to disclose their owners and beneficiaries.

A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...

The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening announcement, Treasury ...

President Donald Trump has expressed his approval of the Treasury Department’s decision to suspend the Beneficial Ownership Information (BOI) reporting requirement, a move he believes will benefit ...

President Donald Trump’s Treasury Department recently announced that it will not enforce the Corporate Transparency Act’s ...