Editor’s Note: On March 21, 2025, FinCEN issued an interim final rule that removed the requirement for U.S. companies, persons and entities to report beneficial ownership information (BOI) to FinCEN ...

The American Institute of CPAs advised the Treasury and the IRS to simplify the tax reporting requirements for partnerships ...

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With sensitivity to the regulatory burden on businesses, FinCEN has said it will assess its options to further modify deadlines, while prioritizing reporting for entities that pose the greatest ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. For the last two years there has been an ongoing imperative for estate ...

The Accounting Standard Update aims to clarify existing reporting requirements, in part by creating a comprehensive list of ...

(This article was originally published on February 1, 2024. On December 3, 2024, the US District Court for the Eastern District of Texas issued a nationwide preliminary injunction against enforcement ...

In 2023, California passed legislation requiring large companies to file climate disclosures beginning in 2026 for FY 2025. A year later, Governor Gavin Newsom signed legislation that delayed the ...