Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies
FOR IMMEDIATE RELEASE Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not [...]
Addendum: Update on Beneficial Ownership Information (BOI) Reporting Deadline
Addendum: Update on Beneficial Ownership Information (BOI) Reporting Deadline As of February 19, 2025, the Financial Crimes Enforcement Network (FinCEN) has reinstated the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). [...]
SCAM ALERT: Third party offering filing services for Beneficial Ownership Information Report (BOI) under new rulings concerning corporate transparency act
You may receive the following email or letter in the mail unsolicited from Filing Associates: "The submission of the Beneficial Ownership Information Report (BOI) Is a new filing under the corporate transparency act. [...]
Supreme Court Lifts Nationwide Injunction – BOI Reporting Now Mandatory
On January 24, 2025, the U.S. Supreme Court lifted a nationwide injunction that had previously blocked the enforcement of the Corporate Transparency Act (CTA). This ruling means that businesses must now comply with the mandatory [...]
Understanding ERC Claims: Liability, Third-Party Payors, and Best Practices
As businesses seek financial relief through the Employee Retention Credit (ERC), it’s vital to understand the implications and responsibilities tied to filing such claims. One critical aspect is the role of third-party payors, such as [...]
Understanding ERC Claims: Legitimacy, Investigations, and the Current Landscape
The Employee Retention Credit (ERC) has become a crucial lifeline for many businesses during the pandemic, offering financial support to help retain employees. However, as the volume of claims has surged, so have concerns regarding [...]
