Apr 15, 2025 | Business Insights
A recent survey by the Restaurant Association of Metropolitan Washington revealed that 29% of respondents are at least somewhat likely to close their restaurants in 2025. That number rises to 44% for full-service casual establishments. [1] For many DC area restaurant...
Apr 3, 2025 | Business Insights
On March 26, 2025, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) published in the Federal Register an interim final rule that proposes to substantially narrow the existing beneficial ownership information (BOI) reporting requirements under...
Mar 28, 2025 | Business Insights
Business owners often seek ways to structure their companies efficiently while protecting assets and limiting liability. One option that has gained attention in recent years is the Series LLC, a unique entity structure that allows for multiple “series” or compartments...
Mar 5, 2025 | Business Insights
Many of us were looking for some additional clarity regarding the Corporate Transparency Act (CTA) in the wake of FinCEN’s February 28, 2025, Notice. We may have finally received that when the Treasury Department’s announced in posts on X on March 2, 2025, that it...
Feb 28, 2025 | Business Insights
Those following this blog will recall that FinCEN just announced ten days ago that Beneficial Ownership Information reporting (BOIR) requirements under the Corporate Transparency Act (CTA) were once again back in effect with the decision of U.S. District Court for the...
Feb 19, 2025 | Business Insights
They’re back! FinCEN Beneficial Ownership Information reporting (BOIR) requirements under the Corporate Transparency Act (CTA) are once again back in effect. The catalyst in this very long-running back-and-forth was the February 18, 2025, decision of the U.S. District...
