On February 19, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that beneficial ownership information reporting requirements under the Corporate Transparency Act (“CTA”) are back in effect with a new...more
2/21/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Business Entities ,
Business Ownership ,
Corporate Governance ,
Corporate Transparency Act ,
Enforcement ,
FinCEN ,
National Security ,
Regulatory Requirements ,
Reporting Requirements ,
Small Business ,
U.S. Treasury
The January 1, 2025 deadline for any “reporting company” formed prior to January 1, 2024 to file a Beneficial Ownership Information Report (“BOIR”) with the Department of the Treasury’s Financial Crimes Enforcement Network...more
11/15/2024
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Enforcement ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Noncompliance ,
Penalties ,
Regulatory Requirements ,
Reporting Requirements
Whether you are a hotel owner, operator, or developer, or anyone who has an interest in an LLC, corporation, or limited partnership, you should be aware of your new compliance obligations under the Corporate Transparency Act...more
3/20/2024
/ Beneficial Owner ,
Business Entities ,
Corporate Transparency Act ,
Enforcement ,
FinCEN ,
Legislative Agendas ,
New Rules ,
Penalties ,
Regulatory Requirements ,
Reporting Requirements ,
Smaller Reporting Companies