News & Analysis as of

Reporting Requirements Taxpayer Identification Number Beneficial Owner

Fox Rothschild LLP

The Clock Is Ticking on the Corporate Transparency Act's Year-End Deadline

Fox Rothschild LLP on

Have you or your professional advisers evaluated whether any entities you own, manage, or control are subject to the beneficial ownership reporting requirements of the Corporate Transparency Act (CTA)? If you've done so and...more

Warner Norcross + Judd

The CTA Reporting Deadline is Fast Approaching with No Judicial Relief in Sight

Warner Norcross + Judd on

Under the Corporate Transparency Act (CTA), the deadline for “reporting companies” to file their initial beneficial ownership information (BOI) report with FinCEN is just over three months away. Since time seems to fly by...more

Foodman CPAs & Advisors

FinCEN BOI 7/24/24 FAQs

El 7/24/24, FinCEN actualizó su página de preguntas frecuentes sobre BOI (“Beneficial Ownership Information”) para incluir una pregunta nueva y una nueva actualización. FinCEN afirma que seguirá brindando orientación sobre...more

Foodman CPAs & Advisors

FinCEN BOI FAQs 7/24/24

On 7/24/24, FinCEN updated its BOI FAQs page to include one new question and one new update. FinCEN states that it will continue to provide guidance on how to submit beneficial ownership information; including updating the...more

Smith Anderson

The Corporate Transparency Act - New Guidance on Reporting Obligations

Smith Anderson on

As discussed in our three prior client alerts, effective as of January 1, 2024, the Corporate Transparency Act (“CTA”) and rules issued thereunder by the Financial Crimes Enforcement Network (“FinCEN”) require most U.S....more

Holland & Knight LLP

New FinCEN FAQ Guidance: Taxpayer ID Numbers, Disregarded Entities and Best Practices

Holland & Knight LLP on

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) on July 24, 2024, issued two new FAQs providing guidance on 1) how to obtain a taxpayer identification number (TIN) in a manner to ensure...more

Paul Hastings LLP

FinCEN Throws Another Curveball: Beneficial Ownership Reporting for Dissolved Companies

Paul Hastings LLP on

This week, FinCEN issued new FAQs interpreting the obligations of the Corporate Transparency Act (“CTA”) that would require entities that were dissolved prior to the due date of the beneficial ownership initial report (“BOI...more

Dunlap Bennett & Ludwig PLLC

How To Comply With The Corporate Transparency Act

As we discussed in parts one and two of this blog series, there’s a new compliance requirement for many small businesses: the Corporate Transparency Act. This law was designed to disrupt criminal activities such as money...more

Vicente LLP

Corporate Transparency Act Compliance: What You Need to Know

Vicente LLP on

Beginning on January 1, 2024, certain reporting companies are now required to comply with the disclosure requirements of the Corporate Transparency Act (CTA). This law aims to enhance transparency in corporate ownership,...more

McGlinchey Stafford

FinCEN Update to Beneficial Ownership FAQs and Paycheck Protection Program FAQs

McGlinchey Stafford on

In January 2024, the Financial Crimes Enforcement Network (FinCEN) updated and added to its Frequently Asked Questions (FAQs) on the Beneficial Ownership Information Report (BOI) website. Additionally, on January 12, 2024,...more

Dunlap Bennett & Ludwig PLLC

What Is The Corporate Transparency Act?

The Corporate Transparency Act was passed by Congress with bipartisan support in 2021 and went into effect on January 1, 2024. Broadly speaking, the law requires private companies to file a report with the Department of...more

Amundsen Davis LLC

New Guidance on the Beneficial Ownership Information Reporting Rule

Amundsen Davis LLC on

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) published its guidance materials on March 24, 2023, to help companies understand the requirements of the Beneficial Ownership Information...more

Gould + Ratner LLP

Corporate Transparency Act Will Require New Layer of Compliance for Private Companies

Gould + Ratner LLP on

A vast number of private businesses will face new requirements on how – and whether – they report their beneficial ownership interests to the U.S. government, effective at the start of 2024. While the time for compliance...more

Willcox & Savage

An Intro to the Corporate Transparency Act

Willcox & Savage on

A federal law adopted in 2021 takes effect on January 1, 2024, and imposes reporting obligations on many entities that may not be accustomed to reporting much information. This article provides a brief overview of the law,...more

Sherman & Howard L.L.C.

FinCEN Releases Final Rulemaking for Beneficial Ownership Information and Reporting Requirements

Sherman & Howard L.L.C. on

On Sept. 29, 2022, the Financial Crimes Enforcement Network (“FinCEN”) released the final rulemaking regarding the Beneficial Ownership Information (“BOI”) and Reporting Requirements of the Corporate Transparency Act (“CTA”)...more

Greenbaum, Rowe, Smith & Davis LLP

FinCEN Issues Final Rule Implementing Beneficial Owner Reporting Under Corporate Transparency Act

What You Need to Know- •The U.S. Treasury Department's FinCEN has issued its final Beneficial Ownership Information Reporting Rule pursuant to the Corporate Transparency Act. •Most business entities will be required to...more

16 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide