Elisa Jean-Newman
Major Shift in Beneficial Ownership Reporting: What Businesses Need to Know After the Latest Corporate Transparency Act Update
In March 2025, the Trump administration and the Department of Treasury announced a sweeping change to the Corporate Transparency Act (CTA): companies formed in the US are no longer considered reporting companies, meaning they are currently not required to file … Read more
New Annual Report Requirement for Pennsylvania Businesses
As of January 2025, all businesses registered in Pennsylvania will be required to file an annual report with the Pennsylvania Department of State Bureau of Corporations. This change, introduced through 2022 Act 122, was signed into law on November 3, … Read more
FinCEN Removes BOI Reporting Requirements for Domestic Reporting Companies
Late on Friday, March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that significantly changed the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting requirements.
What Has Changed?Effective immediately, companies formed in the … Read more
Harbor Compliance Achieves SOC 2 Type II Certification: A Milestone in Data Security
Harbor Compliance is proud to announce that we have achieved SOC 2 Type II certification, reinforcing our commitment to the highest standards of data protection. This certification validates the effectiveness of our security controls and demonstrates our dedication to safeguarding … Read more
Introducing the Annual Billing Summary
We’re excited to announce a significant improvement to how you estimate your compliance budget with Harbor Compliance! We understand that budgeting for your compliance needs is crucial, so we’ve worked to make this process easier and more transparent.
This enhanced … Read more
What California Professionals Need to Know About Fee Postponement
California professionals can now benefit from temporary financial relief through Governor Gavin Newsom’s Executive Order N-15-25. The order allows professionals to postpone their Department of Consumer Affairs license renewal fees until 2026 if their licenses expire between January 1, … Read more
BOI Reporting Requirements Reinstated: What Businesses Need to Know
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has reinstated the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) following a recent court decision. After a temporary injunction halted enforcement of these rules, … Read more
ESG Management Software — All You Need To Know
ESG management software allows corporations and nonprofit boards to monitor and improve positive impacts and reduce any negative effects their daily operations have on the environment and society.
Investors have started paying more attention to a company’s ESG score—its environmental, … Read more
Choosing the Board Management Software for Credit Unions: Key Features To Consider
As credit unions oversee substantial financial assets and fulfill fiduciary responsibilities, they require tailored software solutions for effective board management. Board management software assists these entities with scheduling meetings and securely storing credit union documents.
While many software solutions exist … Read more
Supreme Court Allows Enforcement of the Corporate Transparency Act (CTA): What It Means for Businesses
Yesterday, January 23, 2025, the Supreme Court enacted a stay to the pivotal federal anti-money laundering law, the Corporate Transparency Act (CTA), signaling a strengthened commitment to combating financial crimes in the United States. This decision reverses a lower court … Read more
