As 2025 continues to get under way and a new session of Congress begins, it is worthwhile to take stock of the most pressing ...

A bill that could offer a reprieve for businesses seeking certainty on beneficial ownership information (BOI) reporting ...

A US Supreme Court order allowing enforcement of the Corporate Transparency Act amid legal challenges put the ball back in ...

Despite the overall decline in check usage, we are in a historic surge in paper check fraud. Fincen reported that banks issued 680,000 reports of check fraud in 2022 — nearly double the 350,000 ...

Elon Musk bought Twitter in 2022 with the hopes of turning it into “the everything app” that will let users zap money to each ...

DOJ announced a cryptocurrency exchange platform (the platform) pled guilty to operating as an unlicensed money transmitting ...

Hiring freezes at the IRS to a potential end to contingency fees have created a complicated start to the year for accountants and tax pros.

FinCEN can share beneficial ownership information ... and curtail the use of anonymous shell corporations for tax fraud, money laundering, and other illegal financial activity.

A $10,000 bank transaction triggers the government to automatically look into it. Learn what actually happens.

The article showcases the key Trade-Based Money Laundering typologies which indicate the diverse methods used by perpetrators to exploit trade transactions for money laundering purposes. Hopefully, ...

The Corporate Transparency Act is really a landmark piece of legislation that was enacted in 2021 that gets enforced by the Treasury Department's Financial Crimes Enforcement Network, or FinCEN ...