The Corporate Transparency Act (CTA)

National Tax Advisory Group | Prager Metis | Feb 02, 2024

Commencing on January 1, 2024, the federal Corporate Transparency Act (CT) may require many domestic and foreign entities with less than $5,000,000 of annual gross receipts and fewer than 20 employees to file an informational statement with the federal Financial Crimes Enforcement Network (FinCEN). Violations of reporting requirements may include criminal penalties of up to $10,000 and/or possible imprisonment of up to two years, and civil penalties of not more than $500 per day. Click here to read more

Naura Hill2024-02-08T13:29:39-05:00

Webinars

Sep 16, 2024
Prager Metis

Beyond Borders: Decoding the Investment Climate in the US and Mexico

Our recent webinar, "Beyond Borders: Decoding the Investment Climate in the US and Mexico,", jointly presented by Prager Metis and Guerrero Santana was a resounding success!. This event was a resounding success, providing valuable insights into the dynamic investment landscape spanning the United States and Mexico. For those who missed it or need to revisit key points, we're pleased to announce that a recording is now available. This comprehensive discussion offers invaluable insights for investors, business leaders, and policymakers.

Advisory

Sep 16, 2024
Gurjit Singh

Los Angeles Business Journal – Trusted Advisors – Gurjit Singh – Cybersecurity

Discover key cybersecurity essentials. Learn how to safeguard your organization against prevalent threats like phishing, impersonation scams, and malware. Read the insights from Gurjit Singh, CIO at Prager Metis.

Tax

Sep 11, 2024
Jared M. Mahar

Deep Dive into the Impact of Section 1446(f)

Section 1446(f): A Critical Update for Foreign Investors in Partnerships Our latest article delves into the significant implications of Section 1446(f) on foreign investors involved in partnership interest sales. This comprehensive overview covers the 10% withholding tax requirements, explores exceptions for both non-publicly and publicly traded partnerships, and outlines crucial filing obligations for foreign individuals with U.S. business interests.

Client Accounting Services

Aug 28, 2024
Hayley Mayer

Enhancing Client Experience Through Technology: The Future of Client Accounting Services

The key to successful Client Accounting Services (CAS) lies not just in number-crunching, but in leveraging cutting-edge technology to deliver an unparalleled client experience.

Advisory

Aug 28, 2024
Abiola Badmus

Social Media Influencer Revenue Streams: Beware of Tax Implications

Social media influencers are disrupting the entertainment industry, but with various income streams come complex tax implications. Learn about the UK tax requirements for influencers and how to avoid financial pitfalls.

International Services

Aug 21, 2024
Andrea Fantozzi

Decoding US Market Opportunities for Italian Businesses: Profits and Growth

Are you expanding your Italian business into the lucrative U.S. market? Read Andrea Fantozzi's latest article, "Decoding US Market Opportunities for Italian Businesses: Profits and Growth."