On March 21, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an interim final rule significantly narrowing the scope of the Corporate Transparency Act (CTA) by removing...
On February 27, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that it will not issue fines or penalties or take any other enforcement actions against any companies...
For the last few months, business owners have experienced whiplash as enforcement of the Corporate Transparency Act (the “CTA”), the federal law requiring most entities formed or registered to do business in the...
In recent days, Northeast Ohio has seen a surge in Immigration and Customs Enforcement (ICE) activity. Reports indicate that 57 people are in custody locally, including six detained in a high-profile raid at Cilantro Taqueria
In the last month of 2024, there has been a lot of confusion and contradiction surrounding the obligations of companies to report their beneficial ownership information (“BOI”) to the Federal government’s...