On January 1, 2024, the Corporate Transparency Act (the “Act”) went into effect. The Act requires all non-exempt corporations, limited liability companies, and partnerships created or registered to do ...

Scott Bessent’s approval as Treasury Secretary highlights his focus on tax reforms and potential crypto regulations, ...

Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the Corporate Transparency Act ...

In the latest twist on the back-and-forth CTA battle, on January 23, 2025, the Supreme Court of the United States (SCOTUS) ...

U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in ...

U.S. Senator Tommy Tuberville (R-Ala.) and Congressman Warren Davidson (R-OH-08) have re-introduced the Repealing Big Brother ...

Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...

The whistleblower said the two giant card companies knew their networks were being used to pay for illegal content on the porn-driven site.

Mastercard and Visa failed to stop their companies from laundering money from child sexual abuse and sex trafficking on ...

The credit-card companies knew people were using their networks to pay for illegal content since at least 2021, the ...

Mastercard and Visa failed to stop their payment networks from laundering proceeds from child sexual abuse material and sex ...

The Supreme Court reinstates a rule requiring small business owners to register with FinCEN to combat money laundering and financial crimes.