Search Results for BOI

Even with a newly extended deadline, many businesses appear unprepared to provide “beneficial owner” information to the Financial Crimes Enforcement Network.

The IRS has offered guidance on the tax treatment of energy efficiency rebates introduced by the Inflation Reduction Act.

More than 32 million U.S. businesses are required to file beneficial ownership information (BOI) reports this year, but the clock is ticking.

At least 32 million businesses faced a January deadline to comply with new CTA rules. An injunction leaves those rules in limbo.

Less than a week after an injunction was lifted and allowed BOI rules to be enforced, the requirement is on hold again.

The U.S. Supreme Court said CTA and BOI requirements are enforceable, but a separate nationwide injunction against the law still stands.

The Corporate Transparency Act has been on a roller-coaster ride since late last year, but the latest of several court rulings might be the decisive green light for the new rules.

BOI rules are still in place, but the Treasury Department says it has no plans to enforce them.

Of all the tasks you must complete to keep your company’s finances going, trying to collect on unpaid invoices is probably one of the most unpleasant. No one likes contacting a customer and asking for their money. But you know that if you don’t do this when it’s needed, your own cash flow will suffer.  […]