Business Compliance

Posted on January 7, 2025, by Elisa Jean-Newman in Business Compliance, Fundraising and Grants.

In response to the severe impact of recent hurricanes, the New York Attorney General’s Charities Bureau has issued an extension for the CHAR500 filing deadline. This decision provides much-needed relief to nonprofit organizations grappling with recovery efforts while managing regulatory … Read more

Posted on December 31, 2024, by Elisa Jean-Newman in Business Compliance.

In a dramatic turn of events, the enforcement of Beneficial Ownership Information (BOI) reporting requirement under the Corporate Transparency Act (CTA) has been suspended following a recent federal court decision. This marks the second time that the CTA has been … Read more

Posted on December 23, 2024, by Elisa Jean-Newman in Business Compliance.

In the latest turn of events, the CTA survives its most significant legal challenge to date. Per the latest ruling, the Corporate Transparency Act (CTA) is enforceable, and new deadlines have been introduced to accommodate the period during which enforcement … Read more

Posted on December 18, 2024, by Elisa Jean-Newman in Business Compliance.

As the end of 2024 approaches, US businesses are navigating the Beneficial Ownership Information Reporting (BOIR) requirements mandated by FinCEN. With less than two weeks left, now is the time to understand the latest updates, trends, and strategies to meet … Read more

Posted on December 11, 2024, by Elisa Jean-Newman in Business Compliance, Company News.

Harbor Compliance today announced it ranked 417th on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Harbor Compliance grew 261% during this period.

Harbor … Read more

Posted on December 10, 2024, by Elisa Jean-Newman in Business Compliance.

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary nationwide injunction against the Corporate Transparency Act, pausing its requirement for filing beneficial ownership information (BOI) reports.

Judge Amos L. Mazzant III ruled … Read more

Posted on November 27, 2024, by Elisa Jean-Newman in Business Compliance, Industry News.

Beginning January 2025, business entities registered in Pennsylvania must file an annual report with the Pennsylvania Department of State Bureau of Corporations. The change was initiated on November 3, 2022, with the signing of 2022 Act 122.

This new … Read more

Posted on November 25, 2024, by Chris Masterson in Business Compliance.

In a significant regulatory update, the state of Nebraska recently announced that they will no longer consider architecture and engineering to be professional services for the sake of forming or qualifying a professional corporation or professional LLC. This has significant … Read more

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