
- This event has passed.
Compliance with new Federal and State Business Entity Informational Filing Requirements
March 5 @ 12:00 pm - 1:00 pm
Free
Join us Wednesday, March 5th at noon to hear from Penn State Ag and Shale Law Staff Attorney Brook Duer and EmmaRose Strohl, Esq. of Barley Snyder as they discuss the impacts of two new filing requirements on agricultural businesses.
Business entities have two new governmental filing requirements in 2025, one arising from a new federal law and one under state law. Learn about them both and whether they apply to your business in this one-hour webinar.
The Corporate Transparency Act was enacted by Congress in 2021 and requires that, effective January 1, 2025, certain defined business entities, including many small or even one-person businesses, must file with the U.S. Department of the Treasury certain information (called “beneficial ownership information”) about the individuals who own or control the business. A federal court order has delayed the effective date of the requirement for initially, but the court-ordered stay has been lifted and filing date is now March 21, 2025.
The Pennsylvania General Assembly similarly enacted a new requirement for certain defined business entities, also effective January 1, 2025, to yearly file certain information, termed an “Annual Report,” with the Pennsylvania Department of State. The exact deadline varies by business type.
Find out if these laws apply to your business, what information is required, and what preparation you need to be planning now, in order to potentially avoid penalties and be fully compliant with these two new legal requirements.
Speakers:
Brook Duer joined Penn State Law’s Center for Agricultural and Shale Law as a staff attorney in 2019. Prior to that, he was an attorney with the Pennsylvania Department of Agriculture for 12 years, serving 8 of those years as Chief Counsel to the agency and supervising the agency’s legal office. Prior to that, Brook practiced law in Lancaster County for 18 years. Brook received a B.S. in Communications from Indiana University of Pennsylvania and a J.D. from the University of Pittsburgh School of Law.
EmmaRose Strohl is a member of Barley Snyder’s Food & Agribusiness Group. After graduating from Delaware Valley University with a Bachelor’s Degree in Animal Science, she completed her J.D. at Vermont Law School, focusing her studies on issues affecting the agricultural industry. EmmaRose, a Schuylkill County native, returned to Pennsylvania to counsel farmers and manufacturers in the food system on regulatory, supply chain and governance and other issues. EmmaRose also serves clients in the transportation and logistics sector, as well as provides advice to business and farm families for transition and succession planning.
This programming is funded in part by Pennsylvania Department of Agriculture Agriculture Business Development Center