A bill that could offer a reprieve for businesses seeking certainty on beneficial ownership information (BOI) reporting ...

While the courts are making beneficial ownership information reporting requirements more confusing, Congress may give businesses some relief.

As previously reported, the Supreme Court has already considered on an emergency basis whether to stay Corporate Transparency Act (“CTA”) ...

The HOA industry is attempting to repeal the Corporate Transparency Act (CTA), arguing that homeowners associations are low-risk for money laundering despite evidence of widespread theft and fraud ...

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

On Feb. 5, the U.S. government filed (i) a notice of appeal of the order issued Jan. 7 by a U.S. District Court in Texas in Smith v. U.S.

After nearly 10 years of banking my business, BofA debanked it because of overzealous anti-money-laundering enforcement. The ...

Cash deposits of over $10,000 must be reported to the federal government. You shouldn't have any problems, though -- just ...

The recent ruling by the U.S. Court of Appeals for the Fifth Circuit has blocked nationwide enforcement of the Corporate ...

The armored car company will pay FinCEN and the DOJ $42 million over three years following its willful admission to Bank ...

The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.

Armored car company Brink's Global Services will pay $42 million in penalties to settle charges laid by federal regulators ...