Business Counseling
Related Insights

03.28.2025
Client Advisories
For Now, the Corporate Transparency Act Applies Only to Foreign Companies
On March 21, 2025, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued a press release with its interim final rules addressing the Corporate Transparency Act (“CTA”). On March 26, 2025, the interim final rules were published in the Federal Register. Also, FinCEN published two alerts as well as Questions and Answers about the final interim rules.

03.03.2025
Client Advisories
The End is Near for the Corporate Transparency Act
As we noted in our advisory on Friday, February 28, 2025, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued a statement announcing that:

02.28.2025
Client Advisories
FinCEN Says no Fines or Penalties for Failing to File by Current Deadlines
As we noted just a week ago in our advisory, companies required to file beneficial ownership information (“BOI”) reports with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) under the Corporate Transparency Act (“CTA”) generally were required to do so by the new filing deadline of Friday, March 21, 2025.