FinCEN has permanently ended Corporate Transparency Act reporting for U.S. companies. What freelancers who already filed — and those who haven't — should know.
Continue reading →FinCEN's interim rule changes Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act — with interim guidelines due by March 21, 2025 — and what freelancers should do now.
Continue reading →FinCEN has reinstated Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act with a new March 21, 2025 deadline — what freelancers should know about penalties, exemptions, and pending legislation.
Continue reading →Many freelancers and small business owners may not realize the Corporate Transparency Act requires them to report beneficial ownership information to FinCEN. This article explains what the CTA is, who must report, what must be filed, and the penalties for non-compliance.
Continue reading →A nationwide preliminary injunction has suspended the Corporate Transparency Act's January 1, 2025 filing deadline. Here's what freelancers should do now about beneficial ownership reporting.
Continue reading →The Corporate Transparency Act saga continues: a national injunction has put BOI reporting on hold, FinCEN says there is no liability for now, and Congress is considering legislation. A summary of the current CTA status and what freelancers should do.
Continue reading →On December 26, 2024, the Fifth Circuit reinstated the preliminary injunction against Corporate Transparency Act beneficial ownership filings, removing the January 13, 2025 deadline. What freelancers should know about filing voluntarily.
Continue reading →On December 23, 2024, the Fifth Circuit stayed the injunction blocking Corporate Transparency Act enforcement, and the Treasury extended the BOI reporting deadline to January 13, 2025. Exceptions and what freelancers should do.
Continue reading →As of December 3, 2024, a nationwide preliminary injunction suspended the Corporate Transparency Act's January 1, 2025 filing deadline. What freelancers should do about beneficial ownership reporting while the injunction is in effect.
Continue reading →To protect your independent contractor status, understand the key IRS forms: the W-2 issued to employees, the W-9 completed at the start of a contract, and the 1099-NEC issued to independent contractors. Here's how each one works for freelancers.
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