News

The IRS has opened the 2026 tax filing season and is now accepting and processing 2025 federal individual income tax returns. This matters for business owners and high-earning households because early filing can reduce fraud risk, speed refunds, and prevent last-minute errors—if you file with complete documents and clean bookkeeping.

New York has switched on a state-level beneficial ownership information (BOI) filing requirement for certain companies. As of January 1, 2026, the rule targets a narrow group: non-U.S. (foreign-country) LLCs that are authorised to do business in New York and do not qualify for an exemption.

This update matters for international groups, founders, and holding structures that used a non-U.S. LLC and registered it in New York for contracts, banking, leasing, staffing, or customer operations.

Starting March 1, 2026, a new nationwide reporting framework from the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) will require a Real Estate Report for certain non-financed transfers of residential real property when the buyer is a legal entity or a trust.

This is a major operational change for investors, closing teams, and business owners buying property through LLCs, partnerships, corporations, or trusts—especially in cash or privately financed deals.