FinCen has come out with a new interim final ruling that ONLY “foreign reporting companies” are required to file the Beneficial Ownership Reporting as of March 2nd, 2025. We will continue to monitor and watch for any new rulings for our clients to have up to date information. Below is the link to the FinCen website for the official information posted. If you have filed the BOI already there is nothing more to do if any information changes at this time, and if you have not filed the BOI there are no penalties or fines for not filing.