Mar 5, 2025 | Business Planning, Featured News and Events, Tax News
Reposted from U.S. Department of the Treasury, March, 2 2025 press release titled “Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies” The Treasury Department is...
Feb 20, 2025 | Business Planning, Featured News and Events, Tax News
The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is the agency that enforces the Corporate Transparency Act (CTA). Recently, FinCEN sent out a notice indicating a new deadline of March 21 for small businesses to comply with its beneficial...
Feb 3, 2025 | Featured News and Events
Reposted from Washingtonian, January 29, 2025 news article titled “Trump’s Attempts to Shrink the Federal Workforce Could Hit the DC Area’s Economy Hard,” featuring interview with Dr. Terry Clower. “For every job in the federal government, you...
Jan 27, 2025 | Featured Events, Featured News and Events
With a virtual audience of almost 170 registrants, MCB’s annual economic outlook featuring economist Dr. Terry Clower proved once again to be an engaging and thought-provoking presentation to kick off the new year. Dr. Clower opened his presentation by sharing...
Jan 13, 2025 | Business Planning, Closely Held Business, Featured News and Events, Personal Financial Planning
Reposted from Northern Virginia Magazine, December 11, 2024 news article. This essay is part of Northern Virginia Magazine’s December cover story, How the Last 6 Decades Transformed Northern Virginia. It is important to understand where the regional economy is...
Dec 24, 2024 | Business Planning, Closely Held Business, Featured News and Events, Tax News
All over the business world, accountants, lawyers, financial executives and journalists are scrambling to keep up with the latest soap opera in the financial community: what’s happening with the Corporate Transparency Act and its ownership reporting rules....