Category: News

Corporate Transparency Act (Updated March 1, 2025)

CLIENT ALERT: CORPORATE TRANSPARENCY ACT The federal agency responsible for enforcing the Corporate Transparency Act has temporarily suspended fines and penalties for noncompliance with upcoming deadlines for businesses to report beneficial ownership interests. The U.S. Treasury Department’s Financial Crimes Enforcement Network announced Feb. 27  that the agency will not issue any fines or penalties against any companies that fail to file or update beneficial ownership information reports under the CTA’s current deadlines. “No fines or penalties will be issued, and no enforcement

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Corporate Transparency Act (Updated Feb. 2025)

CLIENT ALERT: CORPORATE TRANSPARENCY ACT This message is to provide you with an important legal update concerning the Corporate Transparency Act (the “CTA”) and related filing requirements. If you have already filed your initial Beneficial Ownership Interest (“BOI”) report, or one has been filed on your behalf, you may disregard this update. On February 18th, a federal court in Texas lifted the last remaining preliminary injunction against the enforcement of the CTA. As a result, the filing requirements for companies

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Corporate Transparency Act or CTA

  CLIENT ALERT: CORPORATE TRANSPARENCY ACT This message is to notify you of some important regulatory changes that will impact many business entities and may require your attention. The Corporate Transparency Act (CTA), enacted by Congress in 2021, imposes new reporting requirements on many corporations, limited liability companies, limited partnerships and other business entities. Effective January 1, 2024, CTA requires “reporting companies” to report certain beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCen) of the U.S. Department of

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December 2020 – Robert Holloway listed in Marquis Who’s Who®

‘Marquis Who’s Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment.’ Bravo Bob! https://www.24-7pressrelease.com/press-release/477659/robert-holloway-celebrated-for-dedication-to-the-field-of-law

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Tax Update – Fiscal Year 2015 Budget Proposals

Special Report Obama Emphasizes Individuals, Targets Business Tax Incentives In FY 2015 Budget President Obama renewed his call for expanding child, family and education tax credits in his fiscal year (FY) 2015 budget proposals as well as for curbing some tax preferences for higher income individuals and businesses. The President unveiled his $3.9 trillion FY 2015 budget proposals on March 4. Many of the proposals are familiar from past budgets, but for FY 2015 the White House is placing special

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