The Corporate Transparency Act (CTA) is a new law that requires certain businesses to report their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). A beneficial owner is someone who owns at least 25% of the business or has substantial control over it, such as a Manager, President, CEO,…
Keith B. Braun and Christopher C. Weeg of Comiter Singer, recently shared their insights at the Palm Beach County Estate Planning Council’s February Speaker Breakfast Meeting. The event, which took place on Tuesday, February 13, 2024, at the North Palm Beach Country Club, featured a comprehensive 2024 Heckerling Update.
The East Coast Estate Planning Council will feature Comiter Singer’s Mark R. Brown and Christopher C. Weeg at their Joint Speaker Dinner Meeting with the Palm Beach Tax Institute. This pivotal event will take place on Wednesday, February 21, 2024, from 5:30 pm to 7:30 pm at the National Croquet…
By Mark R. Brown & Christopher C. Weeg The article appears in the PBCEPC 2023-24 Estate Planning Supplement In the past few years, the migration to Florida has accelerated, particularly among those with high net worths. Florida has a long history of attracting new residents with the allure of no…
The Corporate Transparency Act (“CTA”), enacted in 2021 and scheduled to effect on January 1, 2024, is aimed at enhancing transparency in business structures and ownership. Its primary goal is to combat illicit activities such as money laundering and tax fraud. This article provides an overview of the CTA and its…