FinCEN, Reporting Deadlines

Latest Update on Corporate Transparency Act Compliance: FinCEN Suspends Penalties for Failure to Report by Current Deadlines
In our most recent Alert on the highly controversial and largely litigated nature of the Corporate Transparency Act (CTA), we reported that the
FinCEN Again Delays CTA Reporting Deadlines and Suspends Enforcement
On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim final rule by March 21, 2025, with extended beneficial ownership information reporting deadlines.
FinCEN extends BOI reporting deadline, halts enforcement
The Financial Crimes Enforcement Network said late Thursday that it will extend the current reporting deadline beyond March 21 and will develop new regulations to reduce “regulatory burden.”
FinCEN says there will be no fines, penalties for failure to report BOI before deadline
The Treasury Department's Financial Crimes Enforcement Network notified businesses that fail to report or update their beneficial ownership information before the agency's March 21 deadline will not face fines or penalties.
FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines for Now
FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines.
JD Supra9m
FinCEN Pauses Enforcement Actions under CTA
On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not take enforcement actions against any companies ...
US treasury halts enforcement of corporate transparency act and BOI reporting, Donald Trump says ‘exciting news’
The US treasury department announced that it will halt enforcement of the Corporate Transparency Act's Beneficial Ownership ...
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US Treasury Department Spares National Crypto and DeFi Industry From CTA Reporting Load
The U.S. Treasury Department will exempt domestic businesses from anti-money laundering reporting under the Corporate ...
Inside the twists and turns of a new business reporting mandate
A trio of lawyers from Venable LLP break down the history of the Corporate Transparency Act and what businesses need to know.
FinCEN Offers Extra Time To File After Court Reinstates Beneficial Ownership Information (BOI) Reporting Requirements
A court in the Eastern District of Texas has reinstated beneficial ownership information (BOI) reporting requirements under ...
JournalofAccountancy1h
Treasury says it won’t enforce BOI fines or penalties against U.S. citizens, businesses
A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...
Daily Herald8d
FinCEN strikes again: Recent Corporate Transparency Act updates
On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...
The On-Again, Off-Again, Now-On-Again BOI Filing Requirement for Fleets
The Beneficial Ownership Information (BOI) reporting requirement has become another regulatory headache for trucking fleets, ...
JD Supra4d
CTA Whiplash Continues – FinCEN Announces Compliance is Mandatory but Extends Deadline – RMG
Beneficial Ownership Information (“BOI”) reporting under the Corporate Transparency Act (the “CTA”) is once again mandatory.
Daily Herald3d
New deadline set for transparency act compliance
On Feb. 18, a federal judge lifted the stay in Smith v. U.S. Department of the Treasury, effectively reversing the nationwide injunction that prevented the government from enforcing the Federal ...