Update: On January 24, FinCEN published updated reporting guidance in which it announced that reporting companies are not ...

The Corporate Transparency Act (CTA), enacted in 2021, mandates that companies disclose their true ownership to the Financial Crimes ...

Carta has noted that Supreme Court made ruling for FinCEN to continue enforcing CTA beneficial ownership information report ...

The Corporate Transparency Act (CTA) has become a hot button issue in the HOA industry. Trade groups such as Community Associations Institute (CAI) are actively seeking to avoid transparency by ...

The CTA is an anti-money laundering measure that requires businesses to report beneficial owners to the Financial Crimes Enforcement Network (FinCEN). According to a Jan. 2 news release, on Dec. 23, a ...

Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...

In granting the federal government’s request for a stay of the district court’s injunction, the Supreme Court sent the matter ...

U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in ...

National Cattlemen’s Beef Association Executive Director of Government Affairs Kent Bacus reacted to the U.S. Supreme Court’s decision to lift the injunction that temporarily halted enforcement of the ...

A subsequent ruling by the U.S. Court of Appeals for the Fifth Circuit overturned that injunction, which restored the ...

It requires businesses with fewer than 20 employees to provide names, dates of birth, addresses and other identifying information about its owners. It applies to businesses with fewer than 20 ...

U.S. Senator Tommy Tuberville (R-Ala.) and Congressman Warren Davidson (R-OH-08) have re-introduced the Repealing Big Brother ...