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Recent Updates

Beneficial Ownership Information Reporting Requirements Now in Effect, with Deadline Extensions-Update from 12/23/24

Dec 26 in Emerging Tax and Regulations Alert, Individual Tax Alerts, News Flashes, Tax Info

Updates to Beneficial Ownership Information Reporting Deadlines – Beneficial Ownership Information Reporting Requirements Now in Effect, with Deadline Extensions

In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN. However, because the Department of the Treasury recognizes that ... Read More ›

Beneficial Ownership Information (BOI) Report Deadline Approaching

Nov 14 in Emerging Tax and Regulations Alert, Individual Tax Alerts, News Flashes, Tax Info

The Corporate Transparency Act (CTA) was enacted as part of the National Defense Act for Fiscal Year 2021. The CTA mandates entities report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN).

If you are a domestic or foreign entity that filed formation or registration documents with a U.S. state or Indian tribe ... Read More ›

BOI Notification Letter

Nov 13 in Emerging Tax and Regulations Alert, Individual Tax Alerts, News Flashes, Tax Info

The following letter was sent via priority mail to Legacy clients who may be affected by this deadline:

The Corporate Transparency Act (CTA) was enacted as part of the National Defense Act for Fiscal Year 2021. The CTA mandates entities report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN).

We are sending this ... Read More ›

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