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Beginning in 2025, State law requires that most businesses file an Annual Report. The new annual report filing requirement replaces Pennsylvania’s prior decennial report and brings filing requirements more in
As announced in a Treasury release earlier this month (see related post), FinCEN has issued an interim final rule narrowing the scope of reporting required under the Corporate Transparency Act.
Uncertainty meaningfully impacts valuations, and what we’re experiencing in the start of 2025 is a perfect example – policy and economic shifts, global uncertainty, and M&A activity will each contribute
In a recent press release, The U.S. Department of the Treasury has announced that it will not enforce fines or penalties against U.S. citizens and domestic reporting companies, or their
FinCEN issued a press release yesterday, announcing a suspension of enforcement actions and a moratorium on fines and penalties until the interim final rule is issued (no later than 3/21/25).
GYF is pleased to announce the appointment of Jennifer Gilarski (Jen) as Director of Business Development. Jen brings a wealth of knowledge and expertise, having spent her career focused on
Once again, the Corporate Transparency Act (CTA) reporting requirements are back in effect. As of January 27, 2025, reporting companies were no longer required to file Beneficial Ownership Information (BOI)
GYF’s Business Valuation & Litigation Support Services Group continues to monitor economic conditions. The U.S. economy, in the fourth quarter, is being viewed as cautiously optimistic. Several positive indicators suggest that
Melissa A. Bizyak, CPA/ABV/CFF, CVA, was selected to serve on the inaugural BVR Leadership Council. This independent, profession-wide group of valuation practitioners from across the nation will share insights, drive
In the world of real estate investing, business owners often face a significant capital gains tax expense. A property owner must pay this transaction tax after selling a capital property
UPDATED 1/27/25 It has been a crazy and confusing month for business owners who may have already been unclear about the requirement to report Beneficial Ownership Information (BOI) to the
The U.S. Court of Appeals for the Fifth Circuit has lifted the nationwide injunction against the enforcement of the Corporate Transparency Act (CTA), reinstating the requirement for businesses to report
