We have made it to Part 3 of our three-part series on the Corporate Transparency Act’s final rule. The Financial Crimes Enforcement Network (FinCEN) released the final rule on Sept. 30, 2022. This article covers important timeframes to keep in mind as the rule rolls...
Content By Samantha M. Cira
Corporate Transparency Act Revisited: Reporting Requirements and Exemptions
On Sept. 30, 2022, the Financial Crimes Enforcement Network (FinCEN) released a final rule related to the Corporate Transparency Act (CTA). In Part 1 of our refreshed, three-part series of articles on the CTA, we covered FinCEN’s new guidance on the beneficial...
Corporate Transparency Act Revisited: Businesses Need to Prepare as Final Rule Takes Shape
Back in February, we issued a three-part series on the Corporate Transparency Act (CTA). The series of articles outlined the details and implications of the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) Dec. 8, 2021 rule proposal to...
The Importance of How You Announce Your Company’s M&A Deal
The mergers and acquisition process is often heavily burdened with regulations, complications and minute details for both the selling and acquiring companies’ leaders, lawyers and accountants, just to name a few of the involved parties in a deal. Many deals fall apart...
Peloton Attempts to Rally: What Businesses Can Learn From the Fitness Giant’s Recent Struggles
At the height of the COVID-19 pandemic, when consumers were itching to stay fit while stuck at home, the popularity of internet-connected stationary bikes and treadmills that you could use at home skyrocketed. Peloton led the pack with its energetic instructors and...
Corporate Transparency Act Overview: What Else You Should Know
[UPDATED 11/21/2022: FinCEN Published Final Rule] Corporate Transparency Act Overview Part 3: What Else You Should Know This is Part 3 of our three-part series on the Corporate Transparency Act (CTA). The U.S. Department of Treasury’s Financial Crimes Enforcement...
Corporate Transparency Act Overview: Exemptions
[UPDATED 11/21/2022: FinCEN Published Final Rule] Corporate Transparency Act Overview Part 2: Exemptions This is Part 2 of our three-part series on the Corporate Transparency Act (CTA). The CTA is being implemented by the U.S. Department of Treasury’s Financial Crimes...
Corporate Transparency Act Overview: Required Disclosures
[UPDATED 11/21/2022: FinCEN Published Final Rule] Corporate Transparency Act Overview Part 1: Required Disclosures In December 2021, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) released a notice of proposed rulemaking for companies...
Ohio’s New LLC Act: Ensure Your Business is In Compliance
The start of 2022 is here, and in addition to the usual beginning-of-year tasks for businesses, every LLC organized or qualified to do business in Ohio should familiarize itself with Ohio’s Revised Limited Liability Company Act (“New LLC Act”), which is now set to...