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Corporate Transparency Act 2022: FinCEN releases final regulations

On September 30, 2022, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its Corporate Transparency Act final regulations to formalize its requirements. Here’s what business owners need to know.

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Global conference of British and American business leaders coming soon to Cleveland

Lawrence S Crowther , a partner with the Cleveland Business Law Firms Wegman Hessler, will lead a panel discussion at the Transatlantic Conference event in September 2022.

Cleveland law firm, Wegman Hessler, to sponsor the event Cleveland – The British-American Business Network (BABN) is the largest transatlantic networking organization, with over 2,000 member companies and more than…

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Jay Carson talks with the media about the Ohio Supreme Court’s decision to hear remote work taxes case

Wegman Hessler attorney Jay Carson recently talked with the media to discuss The Ohio Supreme Court’s decision to hear Schaad v. Alder, one of five cases in the state brought by…

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Wegman Hessler litigation team wins $2 million verdict in a worker injury case

How one Cleveland law firm helps its corporate clients prevent and protect against similar lawsuits Cleveland – Wegman Hessler attorneys Christopher A. Holecek and Jessica L. MacKeigan recently won a…

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New small business regulations: What owners must do to avoid a $500 per day penalty

The Corporate Transparency Act (CTA) is a historic new law impacting millions of America’s existing small corporations and LLCs, as well as newly formed entities. This new law requires the…

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What business partners need to know about fiduciary duty

We recently won a case for a small business client, who received a substantial judgment. The individual was a 49% shareholder owner of an LLC and was “squeezed out” of…

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Appellate Brief Filed with the Ohio Supreme Court Questioning the Unconstitutional Taxation of Remote Workers

January 14, 2022 Jay Carson, on behalf of client The Buckeye Institute, filed a jurisdictional appellate brief with the Ohio Supreme Court raising substantial constitutional questions related to the taxation…

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Nathan Hessler named Managing Partner of Wegman Hessler

Also recognized as Distinguished Alumni of Lutheran West H.S. Cleveland, Ohio – January 17, 2022 – Members of the board of directors of the Cleveland business law firm Wegman Hessler…

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Corporate Update: Summary of the Corporate Transparency Act

The Corporate Transparency Act (the “Act”) comprises one section of the National Defense Authorization Act. The purpose of the Act is to provide the federal government information pertinent to identifying…

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CLIENT ALERT – Summary of the Corporate Transparency Act

The Corporate Transparency Act (the “Act”) comprises one section of the National Defense Authorization Act. The purpose of the Act is to provide the federal government information pertinent to identifying…

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