New rule expected by March 21, 2025 There has been yet another twist in the BOI reporting saga. On February 27, 2025, FinCEN (the bureau that is handling beneficial ownership information reporting) announced that it will not take any enforcement
Biz Law DDS
Biz Law DDS, published by Gauthier Law Group, focuses on developments in business law with particular attention to regulatory compliance and reporting requirements. The blog covers topics such as beneficial ownership information (BOI) reporting, enforcement policies by regulatory agencies like FinCEN, and updates on relevant legal rules affecting businesses. It provides information on deadlines, injunctions, and procedural changes impacting companies' obligations under federal regulations. The content is aimed at helping businesses understand and navigate evolving legal requirements related to ownership disclosures and compliance enforcement.
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BENEFICIAL OWNERSHIP INFORMATION REPORTING IS BACK (AGAIN)!
Most Reporting Companies Must File by March 21, 2025 If you are having trouble keeping track of the developments in beneficial ownership information (“BOI”) reporting, you are not alone. Since early December, the reporting requirements have been in effect, have…
BENEFICIAL OWNERSHIP INFORMATION REPORTING NOT REQUIRED, FOR NOW
FinCEN says BOI reporting requirements will not be enforced while injunction is in effect Good news! FinCEN (the agency that enforces the Beneficial Ownership reporting requirements) just announced that they are not going to enforce the BOI reporting requirements, in…