On April 8, 2024, the Consumer Financial Protection Bureau (CFPB) published the 32nd edition of its Supervisory Highlights report. As discussed in more detail…
New IRS guidance delays Form 8300 reporting for digital asset transactions.getty Businesses that accept cryptocurrency as payment were relieved to learn that the IRS has…
Yesterday, the Federal Trade Commission announced increases to reporting thresholds and exemptions that dictate whether companies must notify antitrust authorities about a transaction. To keep…
On December 12, the Financial Crimes Enforcement Network (FinCEN) issued 19 new FAQs, providing additional guidance and information related to the beneficial ownership information reporting…
The beneficial ownership information (BOI) reporting rule implementing Section 6403 of the Corporate Transparency Act (CTA) was finalized by the US Department of the…
After listening to investor feedback on the 2021 version of the Reporting Framework, the PRI has addressed the three main points raised by signatories.
…
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden. On Aug. 25, to catch…
A federal court on Wednesday rejected a series of constitutional challenges to a new requirement for businesses to report cryptocurrency transactions worth more than $10,000.The…