Unless the Federal Courts or Trump Administration take further action, Beneficial Ownership Information (BOI) registration forms are due by March 21st as part of the Corporate Transparency Act (CTA). CTA is an anti-money laundering law that will require millions of small business owners to register with the Financial Crimes Enforcement Network (FinCEN). As it currently stands, failure to file leads to penalties of up to $591 per day and could even lead to $10,000 in fines and jail time. FinCEN requires beneficial ownership information, or BOI, to be filed online with items such as:
0 Comments
Governor Josh Shapiro recently reintroduced a new energy proposal, named the "Lightning Plan.” The plan is a six-part package of legislation that attempts to “collectively cut carbon pollution, grow energy jobs, diversify Pennsylvania’s energy portfolio, and reduce costs on residents’ utility bills.”
The six pieces include: On Tuesday, February 4th, Governor Josh Shapiro proposed his third budget address. The $51.5 billion proposal is a 7% increase from last year’s budget and utilizes $1.6 billion out of the $7 billion surplus within the Rainy-Day Fund and the $3 billion of leftover funds.
|
Archives
March 2025
Categories
All
|