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Business Compliance

Oregon Federal Court Upholds the CTA as Constitutional

Oregon Federal Court Upholds the CTA as Constitutional

Oregon Federal Court Upholds the CTA as Constitutional

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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

LB102: Nebraska’s New Licensing Requirements for Land Surveyors

LB102: Nebraska’s New Licensing Requirements for Land Surveyors

LB102: Nebraska’s New Licensing Requirements for Land Surveyors

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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

New Chapter for Harbor Compliance: Labyrinth, Inc. Welcomes Smart Charity

New Chapter for Harbor Compliance: Labyrinth, Inc. Welcomes Smart Charity

New Chapter for Harbor Compliance: Labyrinth, Inc. Welcomes Smart Charity

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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

BOI Reporting Due Dates Will Not Be Extended, FinCEN States

BOI Reporting Due Dates Will Not Be Extended, FinCEN States

BOI Reporting Due Dates Will Not Be Extended, FinCEN States

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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

Harbor Compliance Founder Mike Montali Shares Growth Strategies on The Josh Gerben Show

Harbor Compliance Founder Mike Montali Shares Growth Strategies on The Josh Gerben Show

Harbor Compliance Founder Mike Montali Shares Growth Strategies on The Josh Gerben Show

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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

Understanding Beneficial Ownership Information Reporting Requirements: Key Insights for Your Company

Understanding Beneficial Ownership Information Reporting Requirements: Key Insights for Your Company

Understanding Beneficial Ownership Information Reporting Requirements: Key Insights for Your Company

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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

North Carolina Privilege License Requirement Update

North Carolina Privilege License Requirement Update

North Carolina Privilege License Requirement Update

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Posted on May 7, 2024, by Elisa Jean-Newman in Business Compliance, Industry News.

Effective July 1, 2024, North Carolina will no longer require professional privilege licenses outside of loan or finance companies. The previous statute required every individual in North Carolina to obtain a privilege license before practicing a profession or engaging in … Read more

Streamlining Sales Tax Exemption Certificate Management

Streamlining Sales Tax Exemption Certificate Management

Streamlining Sales Tax Exemption Certificate Management

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Posted on April 23, 2024, by Elisa Jean-Newman in Business Compliance.
The Importance of Managing Your Sales Tax Exemptions

Managing your company’s exemption certificates obtained from your customers is crucial for controlling your sales tax exposure. It’s a fundamental part of audit preparation or “Audit Defense 101”  – auditors typically request … Read more

US Department of Treasury Appeals Alabama Corporate Transparency Act (CTA) Ruling

US Department of Treasury Appeals Alabama Corporate Transparency Act (CTA) Ruling

US Department of Treasury Appeals Alabama Corporate Transparency Act (CTA) Ruling

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Posted on March 13, 2024, by Elisa Jean-Newman in Business Compliance.

The US Department of the Treasury is taking steps to defend the CTA following a ruling by an Alabama federal judge deeming it unconstitutional. Ten days after the ruling, the Department lodged an appeal with the Eleventh Circuit on Monday, … Read more

Corporate Transparency Act Deemed Unconstitutional: Implications for Beneficial Ownership Reporting

Corporate Transparency Act Deemed Unconstitutional: Implications for Beneficial Ownership Reporting

Corporate Transparency Act Deemed Unconstitutional: Implications for Beneficial Ownership Reporting

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Posted on March 7, 2024, by Elisa Jean-Newman in Business Compliance.
Court Ruling Prevents NSBA Members From Having to Report BOI

A US Federal District Court has ruled that the Corporate Transparency Act, which requires businesses to disclose personal information to FinCEN, is unconstitutional. The court granted summary judgment for the … Read more