In a new round of FAQ, FinCEN shed light on how entities that are disregarded from their owners for Federal income tax purposes should...

On July 8, 2024, FinCEN published additional FAQs regarding entities that have ceased to exist.  Unsurprisingly, entities that formally...

Last week, the Financial Crimes Enforcement Network (FinCEN) released a final rule modifying specific maximum civil penalties within its...

The federal government counted down to “Happy New Year” by starting another countdown clock under the Corporate Transparency Act.  An...