The enforceability of the Beneficial Ownership Information (BOI) reporting mandate in the Corporate Transparency Act (CTA) has been temporarily suspended as of December 3, 2024, following court intervention enjoining enforcement of this law, which requires business owners to report ownership interests to the Financial Crimes Enforcement Network (FinCEN). Please Read the Article On Point, by […]
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UPDATED – 12/3/24 SUSPENSION OF DUTY TO REPORT – – Chicago IDFPR Defense Attorney Michael V. Favia on the New BOI Report Deadline
Federal Court Temporary Injunction Suspends BOI FinCEN Reporting Duty in CTA The enforceability of the Beneficial Ownership Information (BOI) reporting mandate in the Corporate Transparency Act (CTA) has been temporarily suspended following court intervention enjoining enforcement of this law, which requires business owners to report ownership interests to the Financial Crimes Enforcement Network (FinCEN). Please […]
Read more...Halloween Safety: Keeping Trick-or-Treaters and Families Safe and Fun Ideas Around Chicago
Halloween is a beloved holiday filled with costumes, candy, and fun, but it presents unique safety challenges. Whether you’re welcoming trick-or-treaters to your home or taking your children out in the neighborhood, planning and awareness go a long way toward making the holiday safe and enjoyable. Let’s explore some practical safety tips and fun Halloween […]
Read more...Introduction to the E. Coli Outbreak at McDonald’s
Understanding the E. Coli Outbreak Linked to Onions at McDonald’s: Legal Rights and Actions for Plaintiffs Foodborne illnesses are not uncommon, but when linked to a major fast-food chain like McDonald’s, they can cause widespread concern. Recently, several cases of E. coli infections have been linked to onions served at McDonald’s locations across the U.S. While Illinois […]
Read more...Navigating Healthcare, Real Estate, and IDFPR Defense in a Post-Pandemic World: How Michael V. Favia Helps Professionals Thrive Amid Legal Challenges
As industries adapt to the lasting effects of the pandemic, the legal landscape for healthcare, real estate, and professional licensing has become increasingly complex. Chicago attorney Michael V. Favia, with over three decades of experience, stands out as a trusted advisor, bringing a wealth of knowledge and competence to help professionals and businesses navigate these […]
Read more...Understanding Medical Board Investigations: What Physicians Need to Know
By Michael V. Favia & Associates, P.C. – Chicago Professional Licensing Lawyer Medical board investigations can significantly impact a physician’s career and reputation. While these investigations are often complex, doctors must understand the process, how to respond, and what steps to take if they are under scrutiny. This blog post aims to provide a comprehensive […]
Read more...Exploring the Future of Telemedicine: An Interview with Dr. Aditi U. Joshi
A Podcast Summary by Michael V. Favia & Associates, P.C. Telemedicine and digital health technologies are reshaping the healthcare industry, offering patients greater access to care and providers new ways to deliver services. In a recent episode of the Healthcare Consultant’s Podcast, sponsored by Michael V. Favia & Associates, P.C., world-renowned telemedicine speaker and practitioner, Dr. Aditi […]
Read more...Engaging an Estate Planning Attorney for Business Continuity Plan Assessment
Estate planning extends beyond merely designating beneficiaries for your assets. For business proprietors, it is an indispensable strategy for ensuring the sustained success of your enterprise, even in your absence. A pivotal component of this endeavor is formulating a robust business continuity plan. This article delves into the significance of consulting a seasoned estate planning […]
Read more...A Comprehensive Guide to 1031 Exchanges: Understanding the Rules and Benefits
The 1031 exchange is a powerful tool for real estate investors, allowing them to defer capital gains taxes while growing their investment portfolios. This article empowers you with a deep understanding of the essential aspects of the 1031 exchange, highlighting the rules, benefits, and importance of working with a seasoned real estate attorney like Michael V. Favia.
Read more...Illegal Immigrants Can Keep Professional Licenses Despite Deportation with New Law
In a significant development, Illinois has passed a new law that allows undocumented immigrants to retain their professional licenses even if they face deportation. This groundbreaking legislation, House Bill 5457, was signed into law by Gov. J.B. Pritzker and has sparked many reactions. As we delve into the intricacies of this law, we’ll explore its provisions, impact, and the role of lawyers like Michael V. Favia & Associates, P.C., in navigating these new legal waters.
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