On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S. Department of the Treasury, issued an interim final rule (the “Interim Rule”) under the Corporate Transparency Act (“CTA”) whereby...more
On March 2, 2025, the U.S. Department of the Treasury t (“Treasury”) announced that it will not impose penalties, fines, or pursue enforcement actions against U.S. companies, citizens, or their beneficial owners for failing...more
On February 17, 2025, the U.S. District Court for the Eastern District of Texas lifted the last remaining nationwide injunction against enforcement of the Corporate Transparency Act (CTA) previously issued in Smith v. US...more
2/21/2025
/ Beneficial Owner ,
Compliance ,
Corporate Transparency Act ,
Enforcement ,
Enforcement Actions ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
New Legislation ,
Penalties ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements
The IRS has recently been urging healthcare entities, particularly those involving physicians and private investors, to seek private letter rulings (PLRs) to clarify the tax implications of their ownership structures. This...more
11/13/2024
/ Anti-Kickback Statute ,
Compliance ,
Consolidated Tax Returns ,
Corporate Practice of Medicine ,
Health Care Providers ,
Healthcare Facilities ,
Intercompany Transactions ,
Internal Revenue Code (IRC) ,
IRS ,
Management Companies ,
Physicians ,
Private Letter Rulings ,
Professional Corporation