Accounting May 19, 2026
AICPA Supports Legislation Codifying Interim Rule Limiting BOI Reporting Requirements
The AICPA has closely monitored developments in BOI reporting following changes outlined in the Corporate Transparency Act.
Small Business March 24, 2025
It’s Official: FinCEN Rule Exempts U.S. Businesses From BOI Reporting Requirements
The interim final rule issued by the Financial Crimes Enforcement Network on March 21 marks the end of an on-again, off-again saga for millions of small businesses that began in late 2024.
Small Business February 28, 2025
FinCEN Extends BOI Reporting Deadline … Again, Pauses Enforcement
The March 21 BOI reporting deadline is no longer in effect, and no fines, penalties, and enforcement actions will be taken until a forthcoming interim final rule from FinCEN becomes effective and sets a new BOI filing due date.
Accounting February 20, 2025
FinCEN: New BOI Reporting Deadline is March 21
The beneficial ownership information reporting roller coaster that has been ongoing for the past two months because of various lawsuits is finally pulling into the station after a federal district court in Texas on Feb. 17 lifted the final nationwide injunction that had put the mandatory small business filings on hold since last December.