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Update: FinCEN extends BOI reporting deadline, halts enforcement

March 3rd, 2025|

The Financial Crimes Enforcement Network (FinCEN) will extend the current March 21 beneficial ownership information (BOI) reporting deadline, has suspended BOI enforcement, and will develop new regulations it says will reduce "regulatory burden". FinCEN didn't announce a new reporting deadline but said it would do so by March 21.

PIOGA Alert: FINCEN Announces New Reporting Deadline

February 25th, 2025|

Last week, the Financial Crimes Enforcement Network (FinCEN) division of the U.S. Treasury Department announced that mandatory compliance and enforcement of the Corporate Transparency Act's Beneficial Ownership reporting requirements will resume immediately. 

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