Greg Lambourne, Esq. Jason Gonzalez United States citizens should be aware the Corporate Transparency Act (CTA) requires virtually all business entities registered in the 50 states to submit detailed written disclosure of their owners and powerholders to the US Treasury’s Financial Crimes Enforcement Network (FinCEN). These new “Beneficial Ownership Information Reports” (BOI Reports) for entities created before 2024 need to be filed by the end of the year when the Act enforcement begins. The BOE Reports require the names, addresses, and driver’s licenses or passports of all individuals that directly or indirectly own 25% or more of the company’s
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Monthly Archives November 2024
Tax Partner Richard Huffman Speaks at MGI’s 2024 Global AGM
In October, MGI Worldwide hosted their annual Global AGM in Rome, Italy. The conference featured everything from social and cultural activities to insightful speakers and workshops to enhanced interactions. Among many insightful speakers, our Tax Partner Richard Huffman was featured as one of AGM’s speakers over the course of the conference. This year, MGI Worldwide chose Richard Huffman as one of the partners with inspiring stories about the ways in which MGI membership has helped them and their businesses. Many of the other speakers, including Richard, featured stories of collaboration, tech innovation, automation and succession planning. Richard’s story in particular
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