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  • Recent Updates
  • COVID-19
  • Annual Tax Releases
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Recent Updates

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 ›

Many businesses must report beneficial ownership information to Treasury by Jan. 1

Nov 12 in Individual Tax Alerts, News Flashes
From the IRS — Issue Number: IR-2024-288

WASHINGTON — The Internal Revenue Service will sponsor a free one-hour webinar designed to help the many businesses that must report their beneficial ownership information to the Treasury Department’s Financial Crimes Enforcement Network.

Because this is not an IRS or tax-related requirement, FinCEN representatives will conduct the webinar on this ... Read More ›

Legacy Partners Attend IFEBP Annual Conference

Nov 11 in Employee Benefit Plan News, Out and About

Legacy Partners Eileen Brassil, Eric Baertsch, Michael Tiberi, Dani Tyler, Greg Wallenbecker, Eric Wallin, and Dave Zabrecky attended the International Foundation of Employee Benefit Plans (IFEBP) U.S. Annual Conference in San Diego, CA November 10-14.  Eileen Brassil presented at the Accountants Town Hall, while Michael Tiberi presented at Accountants: Best Practices in Audit Quality. The Conference convenes ... Read More ›

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