Scott Novak

1 week ago | mondaq.com | Scott Novak

As a tax attorney who spends much of my time helping people and companies who have large,unresolved issues with the IRS or one or more state taxdepartments, it often occurs to me that the best service that I canprovide to a client is to help the client sleep better at night. When speaking to accountants, I will sometimes get asked thequestion, how do we know when it is time to refer a client to a taxattorney.

2 weeks ago | news.bloombergtax.com | Scott Novak

As a tax attorney who spends much of my time helping people and companies who have large, unresolved issues with the IRS or one or more state tax departments, it often occurs to me that the best service that I can provide to a client is to help the client sleep better at night. When speaking to accountants, I will sometimes get asked the question, how do we know when it’s time to refer a client to a tax attorney.

1 month ago | mondaq.com | Scott Novak

In the interest of keeping our clients fully aware of their legal and tax obligations, information aboutthe Corporate Transparency Act (CTA) has graced these pages before. At first, the effective date for compliance for pre-2024 companieswas December 31, 2024. Newly formed companies were required tocomply within 90 days of formation during 2024, dropping to 30 daysfor 2025 and later.

2 months ago | lexology.com | Scott Novak

In the interest of keeping our clients fully aware of their legal and tax obligations, information about the Corporate Transparency Act (CTA) has graced these pages before. At first, the effective date for compliance for pre-2024 companies was December 31, 2024. Newly formed companies were required to comply within 90 days of formation during 2024, dropping to 30 days for 2025 and later.

Oct 1, 2024 | mondaq.com | Scott Novak

The Corporate Transparency Act (CTA) requires every entity that does not fall under a limited exemption and was created prior to 2024, to file a beneficial owners report (BOR) with FinCEN by the end of 2024. Entities formed in 2024 have 90 days from formation to file. Starting in 2025, that requirement drops to 30 days.