Updates as of February 28, 2025: FinCEN will not issue penalties or fines for failure to report beneficial ownership information (BOI) by current deadlines. We anticipate receiving revised deadlines and…
Recent Insights
Understanding Cybersecurity Risks for Non-Profits
In our interconnected world where technology is essential in any industry, cyber threats are an escalating concern for all organizations, and non-profit organizations are not exempt from these risks. As…
Important Updates on I-9 Audits and Compliance under New Administration
All employers are required to verify the identity and employment authorization of each employee they hire via a completed and retained Employment Eligibility Verification Form I-9. With immigration policy at…
Economic Outlook: Uncertainty in 2025 Interest Rate Expectations
The Federal Reserve has begun to cut overnight interest rates despite inflation remaining above their two percent target. While lower short-term rates could provide a tailwind for the economy and…
What Does Your Financial Institution Need to Know About Your Company’s Ownership in 2025?
What Does Your Financial Institution Need to Know About Your Company’s Ownership in 2025? Yes, the requirement to register an entity’s Beneficial Ownership Information (BOI) with the U.S. Government agency,…