Attorney Austin Alderman Publishes “Domestic Reporting Companies Exempt from CTA”

By Julia Thomas | March 26, 2025

Published: March 26, 2025 (Orlando, FL) On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act (CTA). In the article “Domestic Reporting Companies Exempt from CTA”, attorney…

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Domestic Reporting Companies Exempt from CTA

By Julia Thomas | March 26, 2025

Published: March 26, 2025 On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule, effective March 26, 2025, which modified certain aspects of the Corporate Transparency Act (CTA) reporting requirements. The rule introduced key changes, including exemptions for domestic reporting companies and adjustments to reporting obligations for foreign entities: Exemption…

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FinCEN’s Proposed Rulemaking Impact on Residential Real Estate

By Julia Thomas | May 7, 2024

Published: May 7, 2024 The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, recently proposed a rule aimed at enhancing the transparency in residential real estate transactions and transfers. The intent is to curb money laundering and fraud in the real estate sector through similar requirements to those imposed…

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