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• U.S. Beneficial Ownership Information Reporting Begins

  Posted Date March 1, 2024 Posted Time 12:00 am Published in Service2Client

  The U.S. Treasury recently enacted a new reporting requirement aimed at quashing illicit financial transactions. The agency believes that corporate anonymity is enabling money laundering, terrorism, and drug trafficking. As part of the 2021 Corporate Transparency Act (CTA), certain companies are now required to report information about their beneficial owners. The goal of the new registration requirements is to create a centralized database of beneficial ownership information. There has been push-back from some lawmakers and small business organizations, citing this as an erroneous regulatory process that just makes life harder for small businesses. Efforts to carve out exceptions or delay... View Article

• What to Know About the Art Donation Deduction

  Posted Date March 1, 2024 Posted Time 12:00 am Published in Service2Client

• Deepfakes and Social Engineering: The New Face of CEO and CFO Fraud

  Posted Date March 1, 2024 Posted Time 12:00 am Published in Service2Client

• Actions Lottery Winners Should Consider

  Posted Date March 1, 2024 Posted Time 12:00 am Published in Service2Client