Meyer & Partners Attorneys’ Post

On January 1, 2024, the Corporate Transparency Act (CTA) became effective. Every corporation, limited liability company (LLC), limited partnership and any entity whose existence is created by a filing with a Secretary of State in any state must file with the Financial Crimes Enforcement Network (FinCEN). If a business, big or small, is part of your estate plan, it's time to schedule an appointment with your attorney! https://ow.ly/FseG50QQIMZ #estateplanning

 💰 Money laundering is a serious financial crime that can have severe consequences for business owners and individuals. The infamous Bernard Madoff scandal serves as a prime example of this nefarious activity and its potential for catastrophic financial losses. Madoff’s scheme, which promised high returns but secretly used new investments to pay previous investors, resulted in $65 billion in losses and left a lasting impact on the financial world. Being accused of this crime requires immediate action and vigilance to protect yourself and your business from involvement, whether knowingly or unknowingly, in these unlawful activities. Discover more about money laundering: https://bit.ly/3XL7F8b Be sure to follow us all week for more insights on business & employment litigation! #MoneyLaundering #Business #Law #Finance #FinancialCrime #Litigation #RLLit

Attention all company owners: most companies are required to complete the beneficial ownership information report which is being submitted to the US treasury financial crime enforcement network by December 31, 2024. The penalty is $591 per day if not completed prior to December 31. listen to the video for further insight. You can complete this out for free at FinCEN.gov/boi #businessowner #CompanyOwners #BusinessOwners #LLCOwners #CorporateExecutives #Entrepreneurs #StartupFounders #SmallBusinessOwners #MediumBusinessOwners #PrivateCompanyOwners #BusinessLeadership #CorporateCompliance #BoardMembers #BusinessStakeholders #CompanyDirectors #BusinessDecisionMakers #CorporateCompliance #BeneficialOwnership #BusinessOwners #FilingDeadline #SmallBusinessSupport #BusinessPenalties #CorporateFilings #OwnershipTransparency #ComplianceMatters #BusinessReporting #AvoidPenalties #SmallBizCompliance #BusinessRegulations #FilingRequirements #CorporateResponsibility

On January 1, 2024, the Corporate Transparency Act (CTA) became effective. Every corporation, limited liability company (LLC), limited partnership and any entity whose existence is created by a filing with a Secretary of State in any state must file with the Financial Crimes Enforcement Network (FinCEN). If a business, big or small, is part of your estate plan, it's time to schedule an appointment with your attorney! https://ow.ly/FseG50QQIMZ #estateplanning

On January 1, 2024, the Corporate Transparency Act (CTA) became effective. Every corporation, limited liability company (LLC), limited partnership and any entity whose existence is created by a filing with a Secretary of State in any state must file with the Financial Crimes Enforcement Network (FinCEN). If a business, big or small, is part of your estate plan, it's time to schedule an appointment with your attorney! https://ow.ly/FseG50QQIMZ #estateplanning

#TeamSPB reports on the Financial Crimes Enforcement Network (FinCEN) updated official FAQs regarding the Corporate Transparency Act, which mandates reporting companies to disclose beneficial ownership information. The act affects both US domestic companies and non-US entities operating in the US. Given the potential legal ramifications, compliance with the CTA's reporting requirements is essential for companies and their executives ➡️ https://ow.ly/BeGo50RoUgj #FinCEN | #CorporateTransparencyAct | #FinancialCrimes

Understanding Beneficial Ownership Reports Did you know that many companies are now required to disclose their beneficial owners? Beneficial ownership information reports help increase transparency and combat financial crime by revealing who truly controls and profits from businesses. Key points to remember: - **Who needs to report?** Most corporations, limited liability companies, and other entities. - **What’s included?** Names, addresses, and identifying information of beneficial owners. - **Why it matters:** Enhances accountability and supports efforts against money laundering and fraud. Stay informed and ensure your business complies with these important regulations robbyewright.com 702-900-5926 #transparency #accountability #Regulations

Many corporations, limited liability companies, and other entities are now required by new Corporate Transparency Act (CTA) regulations to report beneficial ownership and other information to the Financial Crimes Enforcement Network (FinCEN). Affected businesses should get in touch with knowledgeable legal counsel and other service providers who help create or register legal entities to help them promptly comply with the CTA's new beneficial ownership reporting requirements. Don't we love this? A crackdown on crimes and potential money laundering.

In the realm of securities compliance and litigation, making the right legal decisions can be the difference between financial success and costly setbacks. Our proven track record in defending and prosecuting securities fraud and negligent disclosure actions speaks for itself. Don’t risk your investments. Partner with TALG for tailored legal strategies that safeguard your financial goals: https://lnkd.in/eZzBR3As #SecuritiesCompliance #Litigation #LegalExperts

Confiscation proceedings under the Proceeds of Crime Act 2002 (POCA) can feel overwhelming and complex. This legal tool enables authorities to seize assets they believe are linked to criminal activity, even without a conviction. So, what does this process really mean for you? Confiscation under POCA can lead to frozen bank accounts, confiscated property, and other severe financial consequences. That’s why expert legal representation is essential to challenge unfair asset seizures and safeguard your rights. Want to dive deeper? Our latest blog unpacks the stages of POCA and how we can support you. 👉 Read the full article: https://lnkd.in/e_5NwjDS #POCA #AssetProtection #CriminalLaw #LegalSupport #FinancialDefence