Legal 500 Features TLF in New York Gambling Law Guide
ALBANY, NY | Legal 500 has released its 2025 Country Comparative Guide for Gambling Law, and this year’s United States – New York chapter was written by Principal Partner, James T. Towne, Jr. and Law Clerk, Jordan Porter. Their contribution provides an overview of the state’s regulatory structure, key licensing considerations, and the constitutional and […]
Corporate Transparency Act Update: Exemption for Domestic Entities and New Requirements for Foreign Reporting Companies
ALBANY, NY | On March 21, 2025, FinCEN issued an interim final rule on the Corporate Transparency Act (CTA). As of March 26, 2025, all entities created in the US—including those known as “domestic reporting companies”—and their beneficial owners are exempt from the beneficial ownership information (BOI) reporting requirement imposed by the CTA. Key Changes […]
Corporate Transparency Act: FinCEN Update on Enforcement and Reporting Requirements
ALBANY, NY | On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced that it will not be issuing penalties, fines, or taking other enforcement actions against any reporting companies for failure to file or update Beneficial Ownership Information (BOI) reports under the current Corporate Transparency Act (CTA) guidelines, including the March 21, 2025 […]
Corporate Transparency Act: What Businesses Need to Know About the New Reporting Requirements
ALBANY, NY | As of February 18, 2025, businesses across the country are once again required to file a Beneficial Ownership Information Report (BOIR) with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act (CTA). Ongoing litigation over the past year has prevented the enforcement of the CTA, […]
TLF Welcomes 3 New Law Clerks
ALBANY, NY | We are thrilled to welcome three talented law clerks, Kylie Gilbride, Jordan Porter, and Zoee Nadler to The Towne Law Firm, P.C. team. Their addition underscores our commitment to cultivating the next generation of exceptional legal professionals. Kylie Gilbride, a second-year law student (2L), brings a strong academic foundation and a passion […]
