Business Compliance

Posted on November 1, 2024, by Chris Masterson in Business Compliance.

With the deadline for Beneficial Ownership Information reporting rapidly approaching, the Financial Crimes Enforcement Network (FinCEN) has announced new relief for those impacted by the recent hurricanes across the Southeast.

The announcement applies to victims … Read more

Posted on October 31, 2024, by Chris Masterson in Business Compliance.

We recently had the opportunity to host a webinar on Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act with SCORE, the premier organization dedicated to helping entrepreneurs start and grow their businesses through mentoring and education.

SCORE’s … Read more

Posted on October 28, 2024, by Chris Masterson in Business Compliance.

In its ongoing effort to provide clarity to businesses, FinCEN recently published another round of FAQs about Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act (CTA). These latest FAQs expand on key areas of BOI reporting, addressing common … Read more

Posted on October 17, 2024, by Elisa Jean-Newman in Business Compliance.

Beneficial Ownership Information (BOI) requirements are a cornerstone of corporate transparency in the U.S. These regulations, introduced at both federal and state levels, are designed to prevent illegal activities such as money laundering and tax evasion by ensuring businesses disclose … Read more

Posted on October 2, 2024, by Elisa Jean-Newman in Business Compliance.

In a recent ruling, a federal court upheld the Corporate Transparency Act (CTA) as constitutional, rejecting claims that the law violated several amendments. The plaintiffs, seven individuals, challenged the CTA, arguing that it infringed on their rights to privacy, free … Read more

Posted on September 27, 2024, by Elisa Jean-Newman in Business Compliance.

Recently, Nebraska passed LB102, bringing important updates to the state’s land surveying regulations. The new legislation modernizes key processes, improves accuracy, and sets stricter standards for land surveyors across the state. While the bill addresses several aspects of land surveying, … Read more

Posted on September 19, 2024, by Elisa Jean-Newman in Business Compliance.

We are excited to share an important development in our journey at Harbor Compliance. Labyrinth, Inc., our nonprofit brand, has acquired Smart Charity. This strategic move marks a significant expansion in our ability to provide exceptional nonprofit compliance solutions and … Read more

Posted on September 9, 2024, by Elisa Jean-Newman in Business Compliance, Industry News.

With the deadline quickly approaching, nearly 30 million businesses will need to submit beneficial ownership information (BOI) reports from September to December 31, 2024. To help business owners across the nation understand the filing requirement, the US Treasury Department and … Read more

Posted on August 28, 2024, by Elisa Jean-Newman in Business Compliance.

We are excited to share that our founder and CEO, Mike Montali, recently appeared on The Josh Gerben Show to discuss the incredible journey of Harbor Compliance, from its humble beginnings to becoming a trusted partner for 40,000 clients nationwide. … Read more

Posted on August 1, 2024, by Elisa Jean-Newman in Business Compliance.

As the Corporate Transparency Act (CTA) evolves, companies must navigate the complexities of beneficial ownership information (BOI) reporting. While continuing to implement this new requirement, the Financial Crimes Enforcement Network (FinCEN) has added new frequently asked questions to its documentation. … Read more