Our Law Firm puts its clients first by zealously representing their interests, whether their legal concerns are complex or routine, no question is too big or too small for our attorneys.
We have assembled a well-rounded team of attorneys prepared to help our clients with all aspects of corporate law and the individual matters tied to owning and running a business. That’s why our attorneys are ready to assist you, whether your legal concerns are linked to intellectual property, mergers and acquisitions, corporate and partnership governance, tax planning or estate planning to create a proper succession plan. From Aviation law to corporate and partnership tax, legal concerns for both privately held and public companies cover a vast array of topics. The right legal counsel not only helps your current needs but helps you plan for the future of your business. Explore the full range of the areas of law we practice or contact us for a legal consultation.
Musgrove Law Firm, P.C. takes care of its clients and their business. We know that finding the right attorney to assist you with your legal needs can seem daunting at first. Our Law Firm puts its clients first by zealously representing their interests, whether their legal concerns are complex or routine, and no question is too big or too small for our attorneys.
Recent Blogs
CTA & BOI Reporting Update: Reinstated Requirements, Extended Deadlines & No Penalties – What You Need to Know
The CTA and BOI reporting requirements have faced repeated challenges since their implementation. After multiple updates over the last couple of weeks, [...]
Beneficial Ownership Information Reporting Requirement Revisions and Deadline
On March 21, 2024, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that significantly narrows the scope of beneficial ownership information (BOI) reporting requirements.
Under the revised rule, only companies formed under the law of a foreign country and registered to conduct business in the United States are considered “reporting companies” subject to the Corporate Transparency Act (CTA) BOI filing requirements.
The revised rule removes the requirement that U.S. companies and U.S. persons report BOI to FinCEN. The rule also removes the requirement that foreign companies report BOI for U.S. persons. Additionally, the rule extends the previously set March 21, 2025, BOI report filing deadline by 30 days, and requires newly registered foreign companies to file a BOI report within 30 days after receiving notice that their registration is effective.
Although the interim rule is effective immediately, FinCEN has implemented a 60-day public comment period, and intends to issue a final rule before the end of the year.
Please contact our paralegal, Emily Foster at efoster@musgrovelaw.com for assistance! 214-615-4143