IMPORTANT UPDATE: FINCEN’S BOI REPORTING REQUIREMENTS BACK IN EFFECT WITH 30-DAY FILING EXTENSION

February 21, 2025

Business owners who thought that they were relieved of The Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements should add this administrative task back to their to-do list.  On February 18, a federal judge lifted the preliminary injunction that had temporarily halted the enforcement of the reporting requirements. In response, the Financial Crimes Enforcement Network (FinCEN) announced a 30-day extension in deadlines for business entities.

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NEW 2025 PA Annual Report Filing Requirements with Dept of State

February 05, 2025

Due dates are quickly approaching for new Annual Report filing requirements in Pennsylvania! Starting in 2025, most domestic and foreign entities registered in Pennsylvania must file an Annual Report with the Department of State. Who Must File? Domestic and foreign LLCs, corporations, partnerships, business trusts, and other registered entities. What Changed? Prior to the new law, business entities were only required to file reports with the Department of State every ten years. This requirement is now annual. Cost: There is a $7.00 filing fee. There is no fee for nonprofit corporations and any LPs or LLCs with a not-for-profit purpose. Deadlines: The deadline for filing the Annual Report is based on the type of entity. After your initial annual report, you will be required to file each subsequent report by the deadline on an annual basis. Deadlines for each type of entity include: June 30, 2025: For-profit and non-profit corporations September 30, 2025: Limited lia ...

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BENEFICIAL OWNERSHIP REGISTRATION UNDER CTA ON HOLD, AGAIN – NO REGISTRATION REQUIREMENT AS OF DEC 26, 2024

January 02, 2025

Business registration under the Corporate Transparency Act (CTA) continues to be a moving target with the current status quo being that registration is not required. 

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REPORTING REQUIREMENTS UNDER CORPORATE TRANSPARENCY ACT REINSTATED– Deadline Extended to January 13, 2025

December 26, 2024

The practitioners at Salzmann Hughes have been closely monitoring recent developments regarding the Corporate Transparency Act (CTA).  On December 23, 2024, the reporting requirements under the CTA were reinstated. For most business entities, the new filing deadline is January 13, 2024. 

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FEDERAL COURT HALTS CORPORATE TRANSPARENCY ACT ENFORCEMENT

December 05, 2024

On December 3, 2024, a federal district court in Texas issued a nationwide preliminary injunction, temporarily blocking the implementation of the Corporate Transparency Act (CTA).  Under the CTA, certain non-exempt businesses were required to disclose their Beneficial Owners to the Financial Crimes Enforcement Network (“FinCEN”) not later than January 1, 2025.  This ruling suspends reporting requirements under the CTA.

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Lee Stinnett Presents on Stormwater Financing at PA State Capitol and Beyond

October 28, 2024

On October 24, 2025 Lee Stinnett was honored to join the 4th Annual Local Government Symposium at the Harrisburg State Capitol Complex to educate to local government professionals and policymakers. In collaboration with HRG, Lee discussed the benefits of a regional stormwater collaboration, highlighting stormwater financing and how stormwater programs can comply with a fee-based program under the current state of the law.

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SAMUEL E. WISER, JR. FEATURED IN "BOROUGH NEWS' FOR SUNSHINE ACT ARTICLE

May 03, 2024

Samuel E. Wiser, Jr. was recently featured in the May 2024 edition of Pennsylvania Borough News, published by the Pennsylvania State Association of Boroughs (PSABs), for his article, "The Sunhsine Act- Often Referenced, but Not Always Understood". 

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ATTORNEY MARK MATEYA PRESENTS, "NOW WHAT?" ESTATE PLANNING SESSION TO MESSIAH LIFEWAYS IN MECHANICSBURG

April 05, 2024

On March 28th, Attorney Mark Mateya spoke with a group of residents from Messiah Lifeways in Mechanicsburg.

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