beneficial ownership information Archives

Feature Article

What Enrolled Agents Need to Know About Form 8300 and Digital Assets

Businesses who accept cryptocurrency (crypto) as payment and many tax practitioners who provide compliance services for those businesses were relieved to hear that the Internal Revenue Service (IRS) has delayed the require... Amber Gray-Fenner, EA, USTCP

Summer 2024, Feature Article, Financial Crimes Enforcement Network, FinCEN, §6045(g)(3)(D), Social Security, decentralized finance, Form 8300, DeFi, §6050I, Notice 2024-4, Non-fungible token, Infrastructure Investments and Jobs Act, NFT, digital assets, cryptocurrency, beneficial ownership information, §183, crypto, BOI, Treasury Regulation 1.183-2, FBAR, U.S. Securities and Exchange Commission, Foreign Bank and Financial Accounts, SEC

Feature Article

Are You Prepared for the Corporate Transparency Act?

As the clock strikes midnight on January 1, 2024, the Corporate Transparency Act (CTA) will come into full effect. In simple terms, the CTA requires that every company organized in the United States identifies its beneficial owne... Fernando Juarez Hernandez, EA

Winter 2023, Feature Article, FIU, limited liability company, Egmont Group of Financial Intelligence, corporation, Title 26, beneficial owner, partnership, Title 31, inactive company, Financial Crimes Enforcement Network, National Defense Authorization Act, BOI report, FinCEN, NDAA, Schedule C, terrorism, LLC, money laundering, beneficial ownership information, Financial Action Task Force, Corporate Transparency Act, FATF, CTA, financial intelligence unit

Things to Discuss with Clients at 2023 Appointments

Tax News Briefs

Things to Discuss with Clients at 2023 Appointments

New Beneficial Ownership Information Reporting Rules On September 29, 2022, the Financial Crimes Enforcement Network (FinCEN) issued a final rule implementing the bipartisan Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) r... TheTaxBook

Jan/Feb 2023, Tax News Briefs, Form 15227, Financial Crimes Enforcement Network, beneficial ownership information, FinCEN, BOI, Corporate Transparency Act, LLC, CTA, FSA, Small Business Regulatory Enforcement Fairness Act, limited liability partnerships, Identity Protection PIN Opt-In Program, limited liability companies, §125, limited liability limited partnerships, qualified health plan, LLP, QHP, LLLP