Month: April 2025
Client Notice: Updated Regulatory Amendments for Beneficial Ownership Reports under the Corporate Transparency Act
Previously Shinners & Cook issued a client service alert regarding the Beneficial Ownership Information Reports (BOIs) required to be filed with the Financial Crimes Enforcement Network (FinCEN). The U.S. Department of the Treasury announced on March 2, 2025, that it will not take any enforcement action against U.S. citizens and legal entities formed in