News & Events – Corporate
Nov 04, 2022
Earlier this year we posted about the reporting requirements of the Corporate Transparency Act (CTA or the “Act”) and the Financial Crimes Enforcement Network’s (FinCEN) proposed regulations implementing the Act. In December of 2021, FinCEN issued a Notice of Proposed Rule Making (NPRM) implementing the BOI reporting provisions of the CTA. Just last month, on September 29, 2022, FinCEN issued a final rule establishing the BOI reporting requirement of the CTA.
Jan 24, 2022
Last month, FinCEN issued a Notice of Proposed Rulemaking (NPRM) implementing the BOI reporting provisions of the CTA. Under the proposed regulations, every foreign or domestic legal entity that qualifies as a "reporting company" would be required to file reports with FinCEN that identify the beneficial owners of the entity as well as the individuals who have filed to form or register the entity.
Aug 17, 2020
On August 4, 2020, the U.S. Small Business Administration (SBA) issued new Frequently Asked Questions (FAQs) to address and clarify certain aspects of the PPP Loan Forgiveness process.
Apr 20, 2020
On Tuesday, April 14, 2020, the Small Business Administration (“SBA”) issued a second interim final Rule (“Second Rule”) that supplements the guidance for the Paycheck Protection Program (“PPP”) included in the first interim final rule for the PPP issued on April 2nd. The Second Rule provides additional guidance for individuals with self-employment income who file a Form 1040, Schedule C.
Mar 20, 2020
COVID-19 responsive measures have caused serious disruptions to local businesses and created uncertainty about pre-existing commercial contracts.
Mar 05, 2019
A free informational event about what business owners need to know about starting a business and protecting their personal assets.
Feb 22, 2016
Shireen T. Hart and Ralphine N. O’Rourke attended the Burlington Business Association‘s 2016 Business Summit entitled “Moving Burlington Forward: Making the Shift from Plans to Action.”