George May, Vice President of Small Business at Wolters Kluwer, emphasizes the importance of adhering to legal obligations, highlighting that the mandate is a result of bipartisan legislation passed by Congress. He underscores that Wolters Kluwer consistently advises against ignoring federal deadlines in anticipation of court decisions potentially negating those responsibilities. "It's not prudent to assume you might be exempted and therefore neglect your duties," he remarked. Discover more: https://gag.gl/Vcxnox? #compliance #cta #legal #beneficialownership
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George May, Vice President of Small Business at Wolters Kluwer, emphasizes the importance of adhering to legal obligations, especially those with bipartisan support passed by Congress. He highlights that it's unwise for clients to miss federal filing deadlines in the hope that a court decision might exempt them from their responsibilities. "It's not prudent to think one could be exempted and skip submitting required documents," he stated. Discover more: https://gag.gl/IvwKrL? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
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George May, the Vice President of Small Business at Wolters Kluwer, emphasizes the undeniable reality and legal status of this mandate, highlighting its bipartisan approval by Congress. He underscores that Wolters Kluwer consistently advises against ignoring federal deadlines in anticipation of court decisions potentially waiving such obligations. He analogizes the situation to avoiding homework with the hope of an excuse, questioning the rationale behind such thinking. Discover more: https://gag.gl/kSkzNW? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
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George May, Vice President of Small Business at Wolters Kluwer, emphasizes the importance of recognizing the legitimacy of this mandate, a law enacted by Congress with support from both parties. He highlighted that Wolters Kluwer consistently advises against ignoring federal deadlines in anticipation that judicial decisions might exempt them from their responsibilities. He likened the notion of expecting to be excused from submitting required documentation to wishful thinking about not having to submit homework - an approach he considers unwise. For further details: https://gag.gl/Vcxnox? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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George May, Vice President of Small Business at Wolters Kluwer, emphasizes the importance of adhering to legal obligations, particularly those endorsed by Congress with support from both parties. He highlights that it's not advisable for their clients to ignore federal filing deadlines in anticipation that a court decision might exempt them from these responsibilities. Comparing it to wishful thinking akin to hoping to be excused from submitting homework, May underscores the impracticality of such an approach. Discover more: https://gag.gl/kSkzNW? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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George May, Vice President of Small Business at Wolters Kluwer, emphasizes the seriousness of adhering to this mandate, a law enacted by Congress and supported across party lines. He highlights that the firm consistently advises against ignoring federal deadlines in anticipation of legal exemptions through court decisions. Comparing it to an unreliable strategy, he remarks, "Believing one might be exempted and thus not submit their required work seems like flawed reasoning." For further details: https://gag.gl/kSkzNW? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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George May, Vice President of Small Business at Wolters Kluwer, emphasizes the significance of adhering to legal obligations, highlighting that this duty is grounded in legislation approved by Congress with support from both parties. He pointed out that the firm consistently advises against ignoring federal filing deadlines in the hope that judicial outcomes might exempt them from these responsibilities. Comparing it to wishful thinking akin to hoping for a pass on submitting homework, he remarked, "The notion that one might be excused and avoid submitting their required work does not constitute prudent judgment." For further details: https://gag.gl/Vcxnox? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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George May, the Vice President of Small Business at Wolters Kluwer, emphasizes to clients that compliance with this mandate is not optional. It's a law enacted by Congress and enjoys support from both parties. He pointed out that Wolters Kluwer consistently counsels against ignoring federal deadlines in the hope that judicial outcomes might exempt them from their responsibilities. Comparing it to wishful thinking akin to hoping to be excused from submitting homework, he questions the rationale behind such an approach. For further details, click here: https://gag.gl/IvwKrL? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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George May, Vice President of Small Business at Wolters Kluwer, emphasizes the importance of adhering to legal obligations, especially those backed by bipartisan Congressional approval. He points out that it would be unwise for the firm's clients to ignore federal filing deadlines in anticipation that a court decision might exempt them from their responsibilities. Comparing it to wishful thinking about being excused from submitting homework, he suggests such a mindset is not prudent. For further details: https://gag.gl/IvwKrL? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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George May, the Vice President of Small Business at Wolters Kluwer, emphasizes the undeniable reality and legality of this mandate, highlighting its bipartisan approval by Congress. He firmly advises against ignoring federal deadlines with the hope that judicial outcomes might exempt them from their responsibilities. He likens avoiding these obligations to wishing away homework responsibilities, a strategy he deems unwise. Discover more: https://gag.gl/IvwKrL? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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George May, Vice President of Small Business at Wolters Kluwer, emphasizes the significance of adhering to legal obligations, especially those enacted by Congress with support from both sides of the aisle. "We consistently counsel our clients against ignoring federal deadlines in anticipation that judicial outcomes might exempt them from their responsibilities," he stated. He further illustrated his point by comparing it to wishful thinking: "Believing one might be excused from submitting their homework isn't a strategy rooted in logic." For more details: https://gag.gl/kSkzNW? #compliance #cta #legal #beneficialownership
Heed Corporate Transparency Act despite legal cloud, experts say
cfodive.com
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