JD Supra7h
The Corporate Transparency Act: FinCEN Removes Reporting Reqs for US Companies and Persons, Sets New Deadlines for Foreign Companies
In a press release issued on March 21, 2025, FinCEN issued an interim final rule (IFR) revising the definition of “reporting company” to mean ...
JD Supra12h
Corporate Transparency Act – New Interim Final Rule
The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued an interim final rule with respect to ...
Tackling US’ secondary sanctions
India has earned waivers in the past, thanks to its geopolitical heft. Leveraging strategic partnerships and fortifying ...
US government to eliminate paper checks: Here's who will be affected in their payments
The days of receiving a paper check from the U.S. government are officially numbered. In a move aimed at modernizing federal ...
Self Employed on MSN2h
Social Security shifts to electronic payments
In a significant move towards modernization, the Social Security Administration has confirmed a substantial change in its ...
MiBolsilloColombia on MSN3h
IRS sets June 16 deadline for overseas tax filers: Key details and implications
The IRS has set June 16, 2025, as the deadline for these taxpayers to file their 2024 federal tax returns. This extension ...
Imperial Valley Press Online18h
US Treasury sanctions Mexicali-based criminal operators and money launderers for the notorious Sinaloa Cartel
On Monday, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six individuals and seven ...
Do banks report deposits to the IRS? Here's when and why financial institutions report your transactions
Wondering if your bank's tattling to the IRS about that chunky deposit you just made? Banks don't spill the beans on every ...
National Law Review5h
US Treasury Extends Recordkeeping Requirement for Economic Sanctions Compliance to 10 Years
On March 20, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a final rule (Final Rule) extending the recordkeeping requirement for compliance with U.S.
Teachers’ body criticises V-C’s office, Allahabad University gags all its staff
The circular states that “all the teaching and the non-teaching staff members of the University of Allahabad must strictly ...