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The new reporting deadlines are as follows (per the notice on the FinCEN website): Existing companies (formed before January 1, 2024) have untilJanuary 13, 2025, to fulfill their BOI reporting obligations. Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025. Yellen, No.
On March 2, 2025, the Treasury Department announced a significant shift in the enforcement and scope of the Corporate Transparency Acts beneficial ownership information (BOI) reporting requirements. This update aims to reduce regulatory burdens on smallbusinesses and ensure the rule is better aligned with the public interest.
Best Legal Directories for 2025 at a Glance Choosing the right legal directory is essential for improving online visibility and client engagement. Heres a quick overview of the top law firm directories in 2025, highlighting their unique features, pricing structures, and availability of free lawyer directory listings.
the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.
NM SmallBusinesses and The Corporate Transparency Act. FREE Workshop November 20, 2024 Failure to properly report beneficial ownership information (BIOR) by January 1, 2025 can result in fines ($500/day).
Ruby Best for: Solo and small-sized law firms who want support growing their business Rubys Virtual Receptionist team offers solo and smallbusinesses customized support through their friendly, human-powered team. The post 4 Best Law Firm Answering Services for 2025 appeared first on MyCase.
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In this blog, youll learn best practices to help your firm streamline its 1099 preparation process to meet the 2025 1099 filing deadline. By following clear, step-by-step procedures, you can ensure accurate reporting and meet the January 31, 2025, deadline for filing 1099s. The 1099 filing deadline for 2025 is January 31.
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We look forward to working with you in 2025! As we wrap up this extraordinary year, we want to take a moment to thank you for your trust, collaboration, and support. This year was marked by significant milestones and meaningful accomplishments, including saving our clients MILLIONS of dollars. Are You Ready?
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