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At Parasec, our objective has always been to deliver unparalleled customer service and high-quality work to our clients. Since 1977, our clients have come to rely upon our expertise, speed and extensive industry knowledge. The Parasec blog contains posts on various aspects of the public records research industry as well as other news that may be of interest to our clients. We hope you find it helpful. Thanks for reading.
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To better protect Arizona business owners and prevent fraudulent filings, the Arizona Corporation Commission (ACC) has voted to adopt four new policies aimed at verifying filer identity, clarifying signing authority, and ensuring the legitimacy of active LLCs. Here’s what business…
Delaware businesses now have more time to prepare for upcoming changes to the state’s trade name registration process. With the passage of House Bill 177 (HB 177), the effective date for House Bill 40 (HB 40) has moved from June…
Effective July 1, 2025, significant changes to registered agent requirements will go into effect in Colorado. These updates—introduced through House Bill 24-1137—aim to reduce fraudulent business filings and improve the accuracy of business records. However, they also create new responsibilities for…
On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced a major shift in beneficial ownership reporting under the Corporate Transparency Act (CTA). Effective immediately, U.S. companies and individuals are no longer required to submit beneficial ownership information (BOI)…
If your business operates in Delaware as a Limited Liability Company (LLC), Limited Partnership (LP), or General Partnership (GP)—whether domestic or foreign—you must comply with the state’s alternative entity tax requirements. Each of these entities is required to pay an…
The filing window for Rhode Island annual reports is open. All businesses registered with the Rhode Island Department of State must file their annual reports between February 1 and May 1 to maintain compliance and good standing. Who needs to…
On March 2, 2025, the Treasury Department announced a significant shift in the enforcement and scope of the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements. Key takeaways: – Treasury will not enforce any penalties or fines related to BOI reporting…
With the February 18, 2025, decision by the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.), beneficial ownership information (BOI) reporting requirements under the Corporate Transparency…
FinCEN has released an important update on its website regarding the ongoing legal proceedings related to the Corporate Transparency Act (CTA). The latest update, details the actions taken by the Department of Justice (DOJ) in response to a recent court…
January is National Human Trafficking Prevention Month, a time dedicated to educating the public and raising awareness about human trafficking. To continue this important effort beyond January, the California Secretary of State Business Programs Division has partnered with its Safe…