What Businesses Need to Know About Beneficial Ownership Reporting Under the Corporate Transparency Act
New federal reporting requirements under the Corporate Transparency Act (CTA) are reshaping compliance obligations for small businesses, requiring many companies to disclose detailed information about their “beneficial owners”—the individuals who ultimately own or control the business. In the Arlington Economic Development blog, Bean, Kinney & Korman attorney Meghan H. Freed outlines how businesses with fewer than 20 employees and under $5 million in revenue are most likely to be affected and…
June 13, 2024
Business and Financial Services
Christopher L. Young, Emad Maghsoudi, and Nicholas J. Gehrig Join Bean, Kinney & Korman
Bean, Kinney & Korman welcomes three attorneys: shareholder Chris Young focusing on M&A and tax law, associate Emad Maghsoudi specializing in corporate governance, and shareholder Nick Gehrig practicing business litigation.
May 9, 2024
Missing Middle Appeal Ruling Highlights Procedural Risks in Land Use Litigation
A Virginia appellate court ruling has shifted the trajectory of Arlington County’s “Missing Middle” housing lawsuit, focusing on a key procedural issue rather than the substance of the zoning policy. The Court of Appeals determined that the case was improperly decided because necessary parties—such as affected property owners and developers—were not included, overturning the lower court’s earlier ruling that had invalidated the ordinance. This decision underscores how procedural requirements…
January 16, 2024
Business and Financial Services
Philip M. Schwartz and Justin T. Banford Join Bean, Kinney & Korman
Bean, Kinney & Korman welcomes shareholder Philip Schwartz, bringing 30 years of employment and healthcare business experience, and shareholder Justin Banford, focusing on corporate law and estate planning.
January 10, 2024
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