FinCEN Beneficial Ownership Reporting No Longer Required For All U.S. Companies
March 24, 2025
by Craig R. Cockrell
After months of uncertainty regarding enforcement of beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA), Financial Crimes Enforcement Network (FinCEN) has issued new rules that permanently remove the BOI requirement for all U.S. companies and…
Business Owner Alert: BOI Reporting Deadline Stayed by Court Order
December 9, 2024
by Craig R. Cockrell
As discussed in a recent alert, most business entities are required under the Corporate Transparency Act to file a Beneficial Ownership Information Report with FinCEN by December 31st, 2024. However, a recent federal court order has blocked enforcement of the CTA and delayed the end-of-year…
Business Owner Alert: File BOI Report Before Year End
November 22, 2024
by Craig R. Cockrell
As you may be aware, the Corporate Transparency Act (the “CTA”) requires most private U.S. legal entities to file a Beneficial Ownership Information (“BOI”) report with the Financial Crimes Enforcement Network, or “FinCEN,” a part of the Department of Treasury. For entities formed before January 1…
When The (IRS Refund) Check Isn't In the Mail
September 16, 2024
by Anton L. Janik, Jr.
A recent spate of mail thefts has left the IRS holding the bag when taxpayer refunds have failed to reach those taxpayers. Congress has begun looking into these thefts. Some have occurred from USPS employee theft, but others arise from outside intervening actors. According to an August 27, 2024…
Transferability of Energy Credits under the Inflation Reduction Act: What do you need to know?
Now that final regulations on the transferability of energy tax credits under the Inflation Reduction Act have been issued by the U.S. Department of Treasury (Treasury) and the Internal Revenue Service (IRS), many investors and developers are structuring and negotiating transactions to transfer…