Meara Welch Browne, Author at Meara Welch Browne, P.C.

LATE-BREAKING DEVELOPMENT –BOI Reporting Requirements Are Once Again Back in Effect with a Deadline of March 21, 2025 For Most Filings

On Monday, February 17, 2025, the Federal District Court in Smith v. U.S. Department of Treasury lifted the injunction that was preventing enforcement of the beneficial ownership interest (BOI) filing requirements. The Financial Crimes Enforcement Network (FinCEN) promptly issued an alert on its website confirming that the reporting requirements are back in effect and announcing [...]

By Meara Welch Browne|2025-02-19T14:28:48-06:00February 19th, 2025|Financial, General, Tax|Comments Off

LATE-BREAKING DEVELOPMENT – US Supreme Court allows BOI Reporting enforcement

Today, in a short, unsigned order, the US Supreme Court granted the government’s request to implement the Corporate Transparency Act (CTA), which potentially revives the Beneficial Ownership Interest (BOI) reporting requirement for many businesses. An estimated 32 million existing entities and an estimated 5 million new businesses annually could need to report information about their [...]

By Meara Welch Browne|2025-01-24T09:29:28-06:00January 24th, 2025|General|Comments Off

Julie Welch Quoted in AARP Story on 7 Year-End Money Moves to Cut Your 2024 Tax Bill Posted on December 17, 2024

Julie Welch, Tax Partner at Meara Welch Browne, was recently quoted in AARP’s insightful article, “7 Year-End Money Moves to Cut Your 2024 Tax Bill”, written by Diane Harris. The article highlights key year-end strategies that can help older taxpayers significantly reduce their 2024 tax liability. From maximizing retirement contributions to managing required minimum distributions [...]

By Meara Welch Browne|2024-12-17T11:20:58-06:00December 17th, 2024|General, Tax|Comments Off

LATE-BREAKING DEVELOPMENT – Court issues nationwide preliminary injunction potentially affecting 12/31/24 BOI reporting deadline

Texas Court blocks the Corporate Transparency Act and may eliminate the requirement to report Beneficial Ownership Interests The US District Court for the Eastern District of Texas issued a NATIONWIDE preliminary injunction against the enforcement of the Corporate Transparency Act (CTA) on December 3, 2024. This preliminary injunction potentially affects the December 31, 2024 deadline [...]

By Meara Welch Browne|2024-12-09T08:31:57-06:00December 9th, 2024|General|Comments Off

Critical Deadline Approaching: Beneficial Ownership Information (BOI) Reporting Requirements Under the Corporate Transparency Act

Many Entities Still Need to File Beneficial Ownership Information (BOI) Before December 31, 2024 Of the estimated 32 million existing entities that need to report information about their beneficial owners - the individuals who ultimately own or control the company - to the Financial Crimes Enforcement Network (“FinCEN”) before December 31, 2024, only 6.5 million [...]

By Meara Welch Browne|2024-12-09T08:29:22-06:00December 9th, 2024|General|Comments Off

Answers to Clients’ Most Taxing Education Questions and MoneyLine

The featured cover story in the March 2024 issue of Journal of Financial Planning is titled “Answers to Clients’ Most Taxing Education Questions” by Julie Welch, Randy Gardner, and Creyton Vincent. This article offers insights into tax-efficient strategies to help clients in financing education expenses across different life stages. It addresses common questions and provides [...]

By Meara Welch Browne|2024-03-06T09:14:48-06:00March 6th, 2024|Tax|Comments Off

Julie Welch Quoted in the March 3, 2024 The New York Times

Meara Welch Browne’s Tax Partner, Julie Welch, was quoted Sunday in The New York Times – “Business” section. The article was titled “What You Need to Know for the 2024 Tax Season” by Tara Siegel Bernard. In the article, Julie responds to the section about the possibility of the child credit changing midseason. If legislation [...]

By Meara Welch Browne|2024-03-04T09:12:50-06:00March 4th, 2024|Tax|Comments Off

Catch Julie Saturday on MoneyLine

On Saturday, February 3, you can catch Julie Welch on MoneyLine hosted by Peter Newman from 2 pm – 3 pm on 98.1FM KMBZ.

By Meara Welch Browne|2024-01-26T13:52:45-06:00January 26th, 2024|Tax|Comments Off

Anti-Fraud Controls

Does your organization currently have an anti-fraud policy? If the answer is no, consider this: according to the Association of Certified Fraud Examiners’ (“ACFE”) 2020 Report to the Nations, organizations lose an estimated 5% of revenue to fraud each year. Now combine that with the findings that a typical fraud goes undetected for 14 months. [...]

By Meara Welch Browne|2025-09-23T08:36:18-06:00January 25th, 2023|Audit, Digital Forensics and Fraud|Comments Off

The Employee Retention Credit – Beware of Scammers

The Employee Retention Credit (ERC) is a legitimate, refundable payroll tax credit established under the CARES Act. The ERC was enacted to incentivize businesses to retain employees during a time of economic uncertainty caused by the COVID-19 pandemic. For 2020, eligible employers are allowed payroll tax credits of 50% of wages paid, up to $10,000 [...]

By Meara Welch Browne|2025-09-23T08:31:44-06:00January 5th, 2023|Tax|Comments Off

About Meara Welch Browne