The Treasury Department announced on Sunday that it will suspend fines and penalties linked to "beneficial ownership information" (BOI) required of millions of businesses. Why it matters: In addition to eliminating guardrails around "illicit finance,

As of last week, business owners faced a March 21 deadline to complete the report. Now, the deadline has been suspended.

The US treasury department announced that it will halt enforcement of the Corporate Transparency Act's Beneficial Ownership Information reporting requirements for US citizens and domestic firms. President Trump supports the move,

The Treasury Department announced that it is suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirements. Here's what to know.

President Donald Trump celebrated a major regulatory rollback Sunday as the Treasury Department announced it is suspending enforcement of the Biden-era Beneficial Ownership Information (BOI) reporting requirement for U.

The Treasury Department has announced that it will no longer enforce the Corporate Transparency Act or the associated BOI reporting requirements.

President Donald Trump is praising a rule change by his Treasury Department that ends the reporting requirement for so-called beneficial ownership information, possibly after receiving a push from Elon Musk.

President Donald Trump has expressed his approval of the Treasury Department’s decision to suspend the Beneficial Ownership Information (BOI) reporting requirement, a move he believes will benefit small businesses across the nation.