John Fuchs

1 month ago | mondaq.com | John Fuchs |Rachel Sterbenz |Taylor Thompson |Nida Rais

The Corporate Transparency Act ("CTA") is yet againmaking headlines. As we previously reported, the FinancialCrimes Enforcement Network ("FinCEN") recently extendedthe CTA reporting deadline to March 21, 2025, for most reportingcompanies.

1 month ago | mondaq.com | John Fuchs |Rachel Sterbenz |Taylor Thompson

The rollercoaster that is the Corporate Transparency Act("CTA") continues. In short, Reporting Companies (asdefined by the CTA) are once again required to filebeneficial ownership information reports("BOIRs") with the U.S. Treasury's FinancialCrimes Enforcement Network ("FinCEN"), and FinCENhas extended the reporting deadline to March 21, 2025, for themajority of Reporting Companies.

2 months ago | mondaq.com | John Fuchs |Rachel Sterbenz |Taylor Thompson

As we initially reported, the CorporateTransparency Act ("CTA") took effect on January 1, 2024,requiring Reporting Companies (as defined by the CTA) to filebeneficial ownership information reports ("BOIRs") withthe U.S. Treasury's Financial Crimes Enforcement Network("FinCEN"). Throughout 2024, multiple plaintiffschallenged the constitutionality and enforceability of the CTA infederal courts across the nation.