The U.S. Treasury Department's decision to finalize a rule eliminating Beneficial Ownership Information (BOI) reporting requirements for U.S. entities is welcome news for printing businesses across the country. The announcement to permanently eliminate BOI reporting was issued by the Financial Crimes Enforcement Network (FinCEN) on August 11, 2026 and will take effect on August 14, 2026.
For years, the printing industry has expressed concerns about the Corporate Transparency Act's (CTA) reporting mandates, which required millions of small businesses to submit detailed ownership information to FinCEN. Historically, active lawsuits have been winding their way through multiple federal circuit courts and the U.S. Supreme Court over significant constitutional issues. In May, the Alliance joined a coalition letter urging the Treasury Department and Department of Justice (DOJ) to support an expeditious review of the CTA by the Supreme Court.
Under the newly finalized rule, U.S. based companies are no longer required to file BOI reports. In addition, Treasury has announced it will permanently delete ownership data already collected from domestic businesses.
For printing companies, many of which are family-owned, privately held, or organized as S corporations and LLCs, the change removes a significant regulatory burden. Owners and managers no longer need to spend time navigating complex reporting requirements, tracking ownership changes, or seeking legal and accounting guidance to ensure compliance.
Reduced Costs and Administrative Burden
Treasury estimates that the revised rule will save businesses approximately $9 billion annually in compliance costs. While that figure spans the entire economy, printing businesses stand to benefit directly from reduced administrative expenses and fewer regulatory obligations.
Many printers operate on tight margins and already face substantial compliance requirements related to labor, environmental standards, workplace safety, and tax reporting. Eliminating BOI reporting allows management teams to focus resources on growing their business, investing in new equipment, and serving customers rather than completing additional federal paperwork.
Greater Privacy Protection for Business Owners
The final rule also addresses a major concern raised by many business owners: privacy.
Under the previous framework, millions of business owners were required to submit personal identifying information to a federal database. Treasury's decision to delete previously collected domestic BOI data reduces concerns about cybersecurity risks, data breaches, and the collection of sensitive ownership information from law-abiding small business owners.
For closely held printing companies, where ownership often rests with a family or a small group of investors, protecting personal information remains an important priority.
A Reminder That the Debate Isn't Over
While the rule provides immediate relief, the future of beneficial ownership reporting remains uncertain. Because the changes were made through regulation, a future administration could revisit the policy. Additionally, ongoing legal challenges to the CTA are still making their way through the courts.
At the same time, policymakers are exploring ownership disclosure requirements in other industries. Recent proposals in the healthcare sector include provisions that would require certain organizations to publicly disclose ownership and investment information, raising broader questions about business transparency, privacy, and regulatory burden.
What It Means for Printers
For now, the Treasury Department's action represents a clear victory for printing businesses and other Main Street employers. The rule reduces compliance costs, eliminates a reporting obligation that many businesses viewed as unnecessary, and provides greater protection for owners' personal information.
As the policy debate continues in Washington, the Alliance will remain engaged in ensuring that future transparency initiatives strike the right balance between legitimate regulatory objectives and the realities facing small and medium-sized businesses that drive the American economy.
In this article, Stephanie Buka, Government Affairs Manager, PRINTING United Alliance, reports on a final rule on the BOI reporting requirement. More information can be found at Business Excellence-Legislation or reach out to Steph should you have additional questions specific to how these issues may affect your business: sbuka@printing.org.
To become a member of the Alliance and learn more about how our subject matter experts can assist your company with services and resources such as those mentioned in this article, please contact the Alliance membership team: 888-385-3588 / membership@printing.org.