FinCEN Says Companies Do Not Have to File Beneficial Ownership Reports – For Now
The Financial Crimes Enforcement Network (FinCEN), which oversees the implementation of the Corporate Transparency Act (CTA), issued a statement today that says:
“In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.”
Latest from NAHBNow
Economics
Jun 02, 2026
Economic Uncertainty Slows Single-Family Construction Across All GeographiesSingle-family home construction declined across all geographic regions in the first quarter of 2026 due to economic uncertainty, high material costs and elevated interest rates, while multifamily construction showed growth in most areas, according to the latest findings from the NAHB Home Building Geography Index (HBGI).
Safety
Jun 01, 2026
Focus on Jobsite Plans During National Safety MonthJoin NAHB and its official safety sponsor, Builders Mutual, in recognizing June as National Safety Month, an annual observance to promote hazard awareness in residential construction and to help keep workers safe.
Latest Economic News
Economics
Jun 02, 2026
Slight Increase for Construction Job OpeningsThe number of open positions in the construction sector edged higher in April, per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS).
Economics
Jun 02, 2026
HBGI Q1 2026: Single-Family Construction Slips Across All GeographiesSingle-family construction declined across all geographies in the first quarter of 2026, according to the latest Home Building Geography Index (HBGI), as elevated interest rates, rising material costs, and labor shortages slowed home building activities at the start of the year. Meanwhile, multifamily construction remained broadly resilient, posting growth in most markets.
Economics
Jun 01, 2026
Private Residential Construction Spending Increases in AprilPrivate residential construction spending was up 0.8% in April 2026, following the monthly gain of 0.6% in March. This increase was largely driven by gains in single-family, and home improvement spending. Moreover, total private residential construction spending was 1.7% higher than a year ago.