it does not need to modify the report, and that entity has no further BOI reporting obligations under the CTA. No Update Was Provided About Deactivating FinCEN Identifiers In preparation for CTA ...

Millions of small businesses have yet to file a Beneficial Ownership Information (BOI) Report, a document that identifies who owns a business by providing personal details like names, addresses ...

A new deregulatory push in the financial regulation arena will help small businesses and family farms. Since its inception, the second Trump administration has been signaling an intention to usher in ...

In the meantime, monitor legal and regulatory updates closely, and prepare for compliance by drafting BOI reports to ensure readiness if the CTA is upheld.

Data obtained by WTTW News shows the overall number of bus and train operators who worked for the CTA last year neared its ...

The NYS LLC Transparency Act (the “New York Act”) became law in January 2024 and takes effect on January 1, 2026. When in effect, it would ...

The CTA saga has finally come to a close relating ... If a community association has already filed a BOI report with FinCEN, it is still exempt from the requirement to update or correct any ...

The CTA was established to prevent individuals ... it may necessitate an update to a company’s BOI report. Operational changes or a new delegation of authority could also qualify.