Fen Cen Announcement
URGENT NEWS…..What Small Business Owners Need to Know
Small business owners have been scrambling to comply with the Corporate Transparency Act (CTA), a new federal law requiring companies to disclose their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). However, recent developments have provided temporary relief.
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Reporting under the CTA is on again!
The ping-pong game regarding compliance with the Corporate Transparency Act (CTA) continues.
On February 17, 2025, the U.S. District Court for the Eastern District of Texas granted the government’s motion to stay the nationwide injunction that had previously halted enforcement of the Corporate Transparency Act (CTA). This decision
Regulations for Small Business
What new regulatory requirements from the federal government on down are small businesses facing in 2025? In this first of a three-part series, we will cover some of them, related to changes in and current status of tax policy.
First of all, the new year brings with it new payroll tax
BOI Reporting
The landscape on the requirements for reporting under the Corporate Transparency Act has changed again.
The requirement that companies report Beneficial Ownership Information (BOI)—details about people who are senior officials and/or own at least 25% of the company—to the U.S. Financial Crimes Enforcement Network (FinCEN) remains voluntary for now. That’s despite the U.S.
New Laws, New Year Part 2
Illinois small businesses need to get up to speed on a variety of state legislation passed in the previous session that came online on January 1.
We covered several new provisions in a post last week [LINK], including a higher state minimum wage and legislation prohibiting “capture audience meetings”
Illinois Employers Face New Laws 2025
Guest Author: Kelsey Feucht, Associate Attorney with Bellas & Wachowski
Illinois small businesses need to get up to speed on a variety of state legislation – particularly employment laws – which became effective on January 1.
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Rarely does something that is forced affect a lasting difference, much less result in an improved circumstance. That said, as I considered another flip of the calendar, I decided to at least partially break my own rule and to offer what I will call a few suggestions that just might make for a better business
Corporate Transparency Act Updates
WHO’S ON FIRST?
ANOTHER UPDATE ON THE CORPORATE TRANSPARENCY ACT
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Nationwide Injunction Halts CTA
FinCEN Suspends Enforcement
The Corporate Transparency Act (CTA), enacted as part of the Anti-Money Laundering Act of 2020, has faced significant constitutional challenges, culminating in a nationwide injunction. As a result, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has suspended enforcement of the CTA’s reporting requirements, providing temporary relief to
Wire Tapping vs. Browser Tracking?
Software like Meta Pixel and Google Analytics that website operators use to track what sites a person visits, or what footprint they leave on those sites, is not subject to the same restrictions as wiretapping a phone line, according to a split decision from the Supreme Judicial Court of Massachusetts,
