This weekend, the Financial Crimes Enforcement Network (FinCEN) released a statement about the nationwide preliminary injunction that is temporarily stopping the enforcement of the Corporate Transparency Act (CTA). A recent federal district court order has paused the requirements to report…
Author: Erin Sierchio
Stay current on the latest industry news and jurisdictional updates with Parasec’s newsletter. In this issue, find updates from Alabama, FinCEN, and more. Plus, this month we’re recognizing paralegals across the nation and our own employee owners.
The BOl reporting deadline for existing companies is approaching quickly. Existing companies (those formed before January 1, 2024) have less than four months to fulfill their beneficial ownership information (BOl) reporting obligations. Under the Corporate Transparency Act (CTA), millions of…
The Financial Crimes Enforcement Network (FinCEN) has updated its FAQs section on beneficial ownership information (BOI) to address inquiries about entities that are no longer active and historical beneficial owners of a reporting company. Find the newly added FAQs below:…
Stay current on the latest industry news and jurisdictional updates with Parasec’s newsletter. In this issue, find updates from Alabama, California, Connecticut, and more. Plus, information about Parasec’s EIN service.
The Financial Crimes Enforcement Network (FinCEN) has updated its FAQs section on beneficial ownership information to address inquiries about entities that are no longer active. We’ve had multiple clients asking about this issue, so we’re thankful that FinCEN is providing…
Stay current on the latest industry news and jurisdictional updates with Parasec’s newsletter. In this issue, find updates from California, New York, Maryland, Wyoming, and more. Plus, information about Parasec’s BOI report service.
On December 22, 2023, New York’s Governor Kathy Hochul signed into law Senate Bill 995B, enacting the New York LLC Transparency Act (NYLTA). The new law, which will be effective on December 21, 2024, is similar to the Corporate Transparency Act…
Stay current on the latest industry news and jurisdictional updates with Parasec’s newsletter. In this issue, find updates from California, Canada, Delaware, Kansas, and more information on the Corporate Transparency Act and Parasec’s upcoming beneficial owner information (BOI) filing service.
Stay current on the latest industry news and jurisdictional updates with Parasec’s newsletter, The Alert. In this issue, find updates from Delaware and more information on the Corporate Transparency Act and beneficial owner information reporting.