Exempt Entity News Today

On December 22, 2023 the State of New York adopted the New York LLC Transparency Act (as amended to date, the "NY LLCTA"). The NY LLCTA in many respects follows the federal Corporate Transparency...

In 2021, Congress enacted the Corporate Transparency Act to "better enable critical national security, intelligence, and law enforcement efforts to counter money laundering, the financing of terrorism, and other illicit activity."

In 2021, Congress enacted the Corporate Transparency Act (the “CTA”) to “better enable critical national security, intelligence, and law enforcement efforts to counter money laundering,...

As part of your estate planning or for other purposes (e.g., for privacy reasons regarding ownership of a residence), you may have created one or more limited liability companies...

The Corporate Transparency Act ("CTA") is a significant regulatory change affecting a broad range of U.S. and foreign business entities formed and registered in the U.S.

Background and Summary - A new federal law, the Corporate Transparency Act (CTA), went into effect on January 1, 2024.  The CTA requires that most entities file Beneficial...

Reporting Companies created or registered during the 2024 calendar year will have 90 days to file an initial BOI report.

With the start of the new year, FinCEN’s Beneficial Ownership Reporting Rule (BOI Reporting Rule) came into effect, implementing specific transparency requirements relating to corporate...

The Corporate Transparency Act ("CTA") requires any entity that files organizational documents with a state, such as corporations and LLCs, to report certain information about their ownership...

January 1, 2024 is the effective date of a new rule (the “BOI Reporting Rule”) issued under the Corporate Transparency Act requiring domestic and foreign corporations, limited liability...