As we noted in our most recent client alert, on February 27, 2025, the Financial Crimes Enforcement Network ("FinCEN") ...

It is important to rein in burdensome regulations to the benefit of hard-working American taxpayers and small businesses,” said U.S. Treasury Secretary Scott Bessent. “As we continue to re-leverage ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners ...

In a brief filed in the Eleventh Circuit, the federal government said the move to remove the beneficial ownership filing ...

Allentown law firm, Fitzpatrick Lentz and Bubba is reporting that the Financial Crimes Enforcement Network (FinCEN) has decided that only foreign companies registered to do business in the U.S. must ...

The Corporate Transparency Act (together with its implementing regulations, the CTA) is a federal law that went into effect ...

The U.S. Treasury Department announced Wednesday that it has published an interim final rule that removes requirements for ...

The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to ...

The CTA, which was signed into law in January 2021 and had its enforcement decision headed to the Supreme Court, is an anti-money laundering measure that requires businesses to report beneficial ...

FinCEN rule exempts nearly all US companies from Corporate Transparency Act reporting, shifting compliance solely to ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners ...

An interim final rule has been issued by the United States Department of the Treasury that reduces the number of entities that have to report to the Financial Crimes Enforcement Network (FinCEN) from ...