On Friday, March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) adopted an interim final rule that severely narrows the scope of the requirements to report beneficial ownership information (BOI) under the...more
3/31/2025
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Business Entities ,
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Reporting Requirements
The information memo below was originally published on Nov. 23, 2023 and identified new filing requirements for certain business entities under the Corporate Transparency Act (CTA). While business entities formed on or after...more
Enacted Jan. 1, 2021, the Corporate Transparency Act (CTA), part of the Anti-Money Laundering Act of 2020, adds a new set of disclosures that business entities will be required to file with the federal government. Starting...more