January 03, 2024
Who is required to file a report?
Beginning January 1, 2024, the Corporate Transparency Act (CTA) imposes significant new reporting requirements on a broad range of corporate entities. With certain exceptions, any domestic entity created by the filing of a document with a secretary of state or any similar office (which would generally include corporations, limited liability companies, limited partnerships, and limited liability partnerships) is a reporting company subject to the reporting requirements. Most “small” entities will be reporting companies. The CTA also applies to foreign entities registered to do business by the filing of a document with a secretary of state or any similar office.
November 03, 2022
Haynsworth Sinkler Boyd has been named a top-tier firm by U.S. News – Best Lawyers® in its 2023 “Best Law Firms” rankings for the 13th consecutive year.November 04, 2021
Haynsworth Sinkler Boyd has been named a top-tier firm by U.S. News – Best Lawyers® in its 2022 “Best Law Firms” rankings for the 12th consecutive year.August 30, 2021
Haynsworth Sinkler Boyd is pleased to announce that Sterling Moose has been selected to participate in the Charleston Metro Chamber of Commerce Leadership Charleston Class of 2022.October 15, 2020
Haynsworth Sinkler Boyd is pleased to announce that Philip Land, an attorney in the Greenville office, has graduated from Georgetown University Law Center with a Master of Laws in Taxation (Executive LL.M.).September 23, 2020
Haynsworth Sinkler Boyd’s Scott Barnes, Suzi Clawson and Mac McQuillin recently presented at the South Carolina Bar Association’s virtual CLE on South Carolina Limited Liabililty Corporations.September 01, 2020
The sale of real property and certain other transactions in South Carolina subjects the real property to a reassessment for ad valorem property tax purposes (an “assessable transfer”). This reassessment of real property can create a significant increase in the value of the property for ad valorem property tax purposes if the property had been held by the seller for a long period of time at a much lower value.
August 20, 2020
Haynsworth Sinkler Boyd is proud to announce that Best Lawyers®, a legal peer-review guide, has selected 77 attorneys for inclusion in The 2021 Best Lawyers in America©, including eight attorneys as “Lawyer of the Year” and seven attorneys as “Ones to Watch.”
June 05, 2020
On Wednesday evening, the U.S. Senate passed the Paycheck Protection Program Flexibility Act (the “Act”), which amends the CARES Act to provide businesses with greater flexibility in the use of PPP funds. President Trump signed the bill into law today, June 5. Below is a summary of the key changes.April 22, 2020
The United States Senate passed a bill on Tuesday, April 21, to increase the $349 billion cap under the Paycheck Protection Program (PPP). The “Paycheck Protection Program and Health Care Enhancement Act” would add another $310 billion in funding to the PPP, increasing the total amount to $659 billion.