FinCEN has launched a new Money Services Business (MSB) registration website. The website is intended to help improve the availability of MSB registration information. The website will replace the MSB Registration lists that were previously available.
As part of FinCEN’s paperless efforts, FinCEN will no longer send acknowledgement letters to MSBs. MSB registration information will be available approximately two weeks after the MSB electronically files Form 107. If the MSB files the paper form, it will take 60 days before the registration is processed and posted on the MSB Registration Website.
Monthly Archives: January 2012
Important Tax Information 2012
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For 2012 Tax Season (as of 1/3/2012):
Federal Estate Tax Exemption = $5.12 million
Maximum Estate Tax Rate = 35%
Annual Gift Exclusion = $13,000
Business Mileage per Mile = 55.5 cents
Charitable Mileage, per mile = 14 cents
For more see: IR-2011-104