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News with Practical Applications for Your Business and Real Estate Investments


Do You Have an LLC Registered in NY? Big BOI deadline Jan 1st.

A photo of the Statue of Liberty in front of the New York skyline.
Although everyone is thinking of the Corporate Transparency Act (“CTA”) as dead, the State of New York has passed the New York LLC Transparency Act which, as its name implies, only applies to NY limited liability companies.   Among other things, the new law includes Beneficial Ownership...

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CTA Update 2/27/25 – FinCEN Says It Will Not Issue Any Penalties for Failure to File BOIR by Current Deadlines

People in business suits walking toward a downtown area with tall buildings. Over the photo are the words No Fines or Penalties For Now.
***Note: This is not the latest development in CTA requirements. See our CTA list of articles for the latest news.*** The whirlwind continues! FinCen has issued a statement (see below) indicating that new deadlines will be forthcoming. Our Recommendation Our recommendation is, once again, to...

Corporate Law, Corporate Transparency Act, FinCEN

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