By Suzanne L. Saxman and Breanne E. Vaclavik

Seyfarth Synopsis: On October 3, 2024, the Financial Crimes Enforcement Network (FinCEN) issued new guidance concerning the Corporate Transparency Act (CTA) by updating and expanding on the Beneficial Ownership Information (BOI) Reporting Frequently Asked Questions (FAQs) that Seyfarth’s CTA Task Force has covered in the past. Key updates include clarifications on who

Continue Reading FinCEN’s October 2024 Beneficial Ownership Information FAQ Update