Treasury Department halts enforcement of BOI requirements

As an update to our February 21 article, yesterday FinCEN announced that it “will not issue any fines or penalties or take ...
The Treasury will no longer enforce an anti-money laundering law that Trump said was an "absolute disaster" for small 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 ...
In a bombshell release issued on Feb. 27, 2025, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) announced that ...
President Donald Trump’s Treasury Department recently announced that it will not enforce the Corporate Transparency Act’s ...
The Financial Crimes Enforcement Network of the U.S. Treasury Department (FinCEN) announced a new deadline for most companies ...
A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act ...