U.S. Senators Want Treasury Department To Enforce Corporate Transparency Act - The Metals Service Center Institute

Treasury Suspends Corporate Transparency Act (CTA) Reporting for U.S. Companies - Mize CPAs Inc.

On March 2, 2025, the Treasury Department announced it would not enforce penalties or fines for failing to meet the March 21, 2025, beneficial ownership information (BOI) filing deadline under the Corporate Transparency Act (CTA). This effectively means that domestic reporting companies, their beneficial owners, and U.S. citizens are no longer at risk of penalties for noncompliance – at least for now. What changed? Originally, the CTA required m…

U.S. Senators Want Treasury Department To Enforce Corporate Transparency Act - The Metals Service Center Institute

As Connecting the Dots reported earlier this month, the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN) have suspended enforcement of the Corporate Transparency Act (CTA),…