In their letter to the judge, they laid out a host of reasons that the timing of their disclosure of the FinCEN conversation was fair play. First, they argued that their conversation with the ...

Obtain FinCEN IDs for Key Owners - If you haven ... it is imperative to have a well-defined engagement letter or other contract with your client that clearly defines the scope of your work and ...

Deadline Reminder: CPAs can set up deadline reminders to notify clients as the filing deadline approaches, ensuring timely submissions and full compliance with FinCEN requirements without the stress ...

"The forms have to be filed by the end of the year for existing entities, with FinCEN. The questions revolve around ... Modifying traditional tax and financial statement engagement letters to include ...

WASHINGTON — The Treasury's Financial Crimes Enforcement Network, or Fincen, finalized rules Wednesday requiring industry professionals to report risky non-financed transfers of residential real ...

The AICPA has submitted a comment letter to Treasury’s Financial Crimes Enforcement Network (FinCEN) expressing concern over the potential impact of recently proposed regulations on small registered ...

The Financial Crimes Enforcement Network analyzed suspicious activity reports filed between January 2020 and October 2023, according to a letter signed ... such activity." FinCEN found that ...

Chuck Grassley (R., Iowa), Elizabeth Warren (D., Mass.) and Raphael Warnock (D., Ga.) said in a letter to the anti-money-laundering bureau of the U.S. Treasury Department that they were concerned ...

FinCEN has published extensive information on the CTA ... the client that legal assistance is required when filing proves to be complex? Perhaps engagement letters should explicitly state that a CPA ...