FinCEN

The ruling further complicates an already complicated area — the law's mandate around beneficial ownership information reporting.

An Alabama federal district court held that the Corporate Transparency Act is unconstitutional, stating it "exceeds the Constitution's limits on Congress' power."

While most accountants are aware of the reporting requirement, the majority of business owners are likely to be, at best, dimly aware of them.

Helping clients comply with the Corporate Transparency Act's reporting requirements represents an opportunity for accountants.

The Treasury's Financial Crimes Enforcement Network hopes to deter money laundering in the residential real estate industry with a newly proposed rule.

The AICPA's professional liability insurer will cover client services related to the Corporate Transparency Act's beneficial ownership information reporting requirement.

BOI reporting opens; Offender of the Year; state extensions; and other highlights from our favorite tax bloggers.

A new online registry opened Monday where companies need to disclose who truly owns or controls them.

Beginning Jan. 1, 2024, tens of millions of small businesses must file beneficial ownership information reports.

With steep penalties of up to $500 per day for each day a BOI report is late, business owners will want to make sure they get theirs in on time.