Welcome to the Weintraub Resources section. Here, you can find our Blogs, Videos, and Podcasts, in which Weintraub attorneys regularly provide insights and updates on legal developments. You can also find upcoming Weintraub Events, as well as firm and client News.

FinCen Reporting Deadlines for 2024: Formed Companies and Other CTA Updates

The month of April marks four months in the realm of the new Corporate Transparency Act, signifying deadlines for companies formed this year to adhere to the 90-day window for filing their beneficial ownership reports with the Financial Crimes Enforcement Network (“FinCEN”).  For companies formed in January, those deadlines are the month.

Important Notice Regarding the Corporate Transparency Act Filing Requirements (Updated 3/4/2024)

UPDATED 3/04/2024

On March 1, 2024, a lower Alabama federal court held that the Corporate Transparency Act, which requires certain businesses to file a BOI Report with FinCEN that includes information about their beneficial owners, is unconstitutional. Importantly, this ruling DOES NOT affect the legal obligation of entities formed in California, Nevada, or Delaware (among other states) to file their BOI Report within the timeframes specified in the chart below at this time.  We are monitoring the development of this and similar court actions across the nation and will continue to provide information about them to those who have indicated a desire to receive this information from us.

Webinar: Overview of the Corporate Transparency Act

  • When: Feb 21, 2024 09:00 am PST
  • Where: Webinar

On February 21st, attorneys Jeanne Vance and Anders Bostrom presented an informative webinar on the new Corporate Transparency Act.

As of January 1, 2024, the US Corporate Transparency Act (“CTA”) requires corporations, limited liability companies, limited partnerships, and other similar entities to disclose beneficial ownership information to the U.S. Treasury Department. The rules are broad and intended to encompass many legal entities, including smaller legal entities.