JD Supra5d
FinCEN Exempts US Entities and Persons from CTA
On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) adopted an interim final rule (Rule) exempting U.S. companies previously ...
Outlookindia22d
Living In India But Still A US Taxpayer? Your Ultimate Guide To Filing US Taxes
FBAR Requirements: If you have bank accounts in India with a total balance exceeding $10,000 at any point in the year, you must file FinCEN Form 114 (FBAR). A: Not necessarily! Thanks to the US ...
The National Law Review27d
Navigating the Changing Landscape of Corporate Transparency Act Compliance
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...
Forbes29d
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
We last visited FINCEN's Beneficial Ownership Information ... makes little sense is for folks who have received an IRS Form K-1 from an entity. Consider that these companies are already giving ...
JD Supra29d
FinCEN Again Delays CTA Reporting Deadlines and Suspends Enforcement
On February 27, 2025, the U.S. Financial Crimes Enforcement Network (FinCEN) announced that it intends to issue an interim final rule by March 21, 2025, with extended beneficial ownership ...