Tag Archives: Treasury

Articles, Blog, Tax

CORPORATE TRANSPARENCY ACT IMPOSES NEW BENEFICIAL OWNERSHIP INFORMATION REPORTING OBLIGATIONS

Effective January 1, 2024, U.S. and foreign entities doing business in the U.S., may be required to disclose information regarding their beneficial owners to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). This requirement is being implemented under the beneficial ownership information (BOI) reporting provisions of the Corporate Transparency Act (CTA) passed by Read More…

Blog, Tax

TAX DAY EXTENDED FOR INDIVIDUAL TAXPAYERS

The anticipated April 15th deadline to file individual income tax returns and payments has been extended by the Treasury Department and Internal Revenue Service to Monday, May 17, 2021.  Without filing an extension, individual’s income tax filings, and payments are not due until May 17th.  This relief does not apply to estimated tax payments that Read More…