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The Corporate Transparency Act of 2021 (CTA) requires many legal entities to report detailed ownership information to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). A March 2025 update now requires only certain foreign-owned entities doing business in the United States to report. This significant shift leaves millions of businesses unsure of their obligations, as …
Genetic testing company 23andMe filed for bankruptcy late Sunday night following a dramatic decline from its $6 billion valuation to a penny stock. Co-founder and Chief Executive Officer Anne Wojcicki resigned by mutual agreement but will remain on the board. Chief Financial and Accounting Officer Joe Selsavage has been appointed interim CEO. Shares dropped nearly …
Herold Law, P.A., provides a full range of legal services for businesses in New Jersey, New York, and Florida. To speak with a legal professional experienced in your area of need, call 908-679-5011 or complete our simple intake form on our website to schedule a consultation. While located in Warren, New Jersey for the convenience of our New Jersey clients, we also serve clients in New York and Florida.
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