On ATCPA's Town Hall yesterday, they had a FinCen representative. He said FinCen cannot delay the 1/1/24 effective date. Congress can. 🤣 Since Congress can't hardly do anything, I'm not holding my breath.

Apparently FinCen can extend the 30 day rule to 90 days.

He also said they are working on the reporting form and plan to have it ready by 1/1/24. The 30 day comment period on the draft just closed. And he said they have been approached by vendors who want to offer this and they are working with them. He did not name names.