Where There’s No Will, the State Has a Way
“Where there is no will, the State has a way”
Client Alert: Corporate Transparency Act (CTA) Update – March 24, 2025
Client Alert: Corporate Transparency Act (CTA) Update
Former McMillan Metro Faerber Attorney Stephen J. Orens, Esq. Passes at Age 83
Mr. Orens was an attorney with McMillan Metro Faerber from 2015 through his retirement in 2021. Many of our attorneys also worked with him in prior firms, or through various professional organizations, such as the Maryland Building Industry Association and National Association of Home Builders.
Important Update/Notice re: CTA/BOIR Filing Deadline
IMPORTANT INFORMATION – PLEASE READ – Reminder – CTA Deadline Approaching
This year, the Corporate Transparency Act (CTA) imposed new reporting requirements on many companies in the U.S. Enacted to combat money laundering, the CTA is being used to identify people who form, control, or own many companies operating in the U.S. The information is being gathered by requiring companies to report information about their “Beneficial Owners.” The reports are called “Beneficial Ownership Information Reports,” and they are filed online with the Financial Crimes Enforcement Network (FinCEN).