Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...

On January 1, 2024, the Corporate Transparency Act (the “Act”) went into effect. The Act requires all non-exempt corporations, limited liability companies, and partnerships created or registered to do ...

On January 23, 2025, the Supreme Court granted the government’s motion to stay a nationwide injunction that was issued by a Texas federal judge in ...

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

Scott Bessent, recently confirmed as Treasury Secretary in President Donald Trump's administration, is poised to tackle ...

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

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

The credit-card companies knew people were using their networks to pay for illegal content since at least 2021, the ...

The Supreme Court on Thursday revived a requirement that owners of millions of small businesses register with an arm of the ...

In the latest twist on the back-and-forth CTA battle, on January 23, 2025, the Supreme Court of the United States (SCOTUS) ...

Mastercard and Visa failed to stop their companies from laundering money from child sexual abuse and sex trafficking on ...