
Scott H. Novak
Partner
201-896-7240 snovak@sh-law.comClient Alert
Author: Scott H. Novak
Date: December 26, 2024

Partner
201-896-7240 snovak@sh-law.com
FinCEN Beneficial Owner Reporting Must be Completed by January 13 for pre-2024 Companies
On December 23, 2024, the 5th Circuit Court of Appeals lifted the injunction that stayed the enforcement of the Corporate Transparency Act put into place by a federal judge in Texas. The result is that if you are required to file a Beneficial Owner’s Report with FinCEN by year-end (entities that were in existence prior to 2024), you must accomplish that filing no later than December 31 to avoid potential penalties.
Please call us if you have questions or would like assistance with a filing.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Following near-unanimous passage by both the Assembly and Senate, Governor Sherrill has signed the Power NJ Act (S4296/A4881) into law, formally establishing New Jersey’s first statutory pathway for procuring advanced nuclear energy facilities. As we reported when the Legislature passed the bill, the Power NJ Act directs the New Jersey Board of Public Utilities (BPU), […]
Author: Daniel T. McKillop

On June 30, 2026, the New Jersey Assembly and Senate both approved the “Power NJ Act” (A4881), sending the legislation to Governor Sherrill for signature after unanimous, bipartisan approval. The Power NJ Act would direct the New Jersey Board of Public Utilities, in partnership with the New Jersey Economic Development Authority, to establish a program […]
Author: Daniel T. McKillop

If Your Public Officials Conduct Public Business on Personal Accounts, Those Communications May Be Subject to Disclosure under the New Jersey Open Public Records Act (N.J.S.A. 47:1A-1 et seq.). A recent New Jersey Supreme Court decision has direct consequences for every board of education, municipality, and public agency in the state. In Rosetti v. Ramapo-Indian […]
Author: Seraphema Menna

On June 15, 2026, NJDEP adopted final PFAS remediation standards for PFNA, PFOA, PFOS, and GenX, converting interim criteria into enforceable requirements. NJDEP has adopted final remediation standards for PFNA, PFOA, PFOS, and GenX, converting interim criteria into enforceable requirements under N.J.A.C. 7:9C, 7:26D, and 7:26E. The rule establishes a groundwater standard for GenX, incorporates […]
Author: Daniel T. McKillop

A recent Court of Federal Claims decision may entitle taxpayers to refunds of interest and penalties paid on federal tax obligations that came due during the COVID-19 disaster period. The IRS refund deadline tied to that ruling is July 10, 2026, and eligible taxpayers should consider filing a protective claim before it expires. On March […]
Author: Scott H. Novak

Small Business, Big Leave: New Coverage Rules, Lower Eligibility Thresholds, and Expanded Reinstatement Rights If your New Jersey business has 15 or more employees, you will soon be required to provide job-protected family leave under state law. Effective July 17, 2026, the NJ Family Leave Act amendments lower the coverage threshold from 30 employees to […]
Author: Angela A. Turiano
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!