RKL eSolutions LLC

BREAKING NEWS: Reporting requirements for Beneficial Ownership Information under the Corporate Transparency Act are back in effect! 🚨 The U.S. Court of Appeals has recently lifted the preliminary injunction that was placed on December 3rd, 2024, meaning the BOI Reporting Requirements are now enforceable. However, the Financial Crimes Enforcement Network (FinCEN) has shown some holiday spirit by offering a minor extension. 📅 New Deadlines: For most companies, the new deadline is January 13, 2025. Companies qualifying for disaster relief may have further extensions. Read the post for full deadline details! 💼 Why is this important? The BOI Reporting is part of the Corporate Transparency Act aimed at curbing illegal activities such as money laundering and terrorist financing. It applies to various entities, with specific attention to: -Small businesses with <20 employees or <$5 million revenue -Holding companies for businesses or real estate -Foreign-owned entities -Newly established businesses -Trusts filed with state offices -Entities awaiting tax-exempt status 🛑 Penalties for non-compliance can be severe, with civil penalties of $500 per day and criminal penalties up to $10,000 and possible imprisonment. 📚 Need guidance? RKL is ready to assist. We partner with law firms and service providers to help you meet your BOI reporting obligations. For more information, reach out to your RKL advisor. https://hubs.ly/Q030zVPy0

🎉 Congratulations to David Cieslak on being named one of the Top 100 Most Influential People in Accounting for the 22nd consecutive year by Accounting Today! 🏆 Since 2005, David's insights and leadership have consistently been recognized as pivotal in shaping the accounting profession. His forward-thinking approach has guided many through the evolving landscape of this dynamic field. As the Chief Cloud Officer at RKL eSolutions LLC, David, AKA "Inspector Gadget," has been instrumental in driving strategic growth through cloud-based solutions. His expertise covers a broad spectrum, including ERP, CPM, CRM, AP Automation, and beyond. 🌐 David's commitment to innovation is further exemplified through his engaging presentations. A frequent speaker at AICPA, CalCPA, various state accounting societies, and business groups, he has a unique talent for demystifying technology and making it both entertaining and accessible for all. Please join us in congratulating David on this remarkable milestone. Here's to many more years of influence and inspiration in the accounting world!

🎉 Last night, the RKL team was honored at the Best Places to Work in Pennsylvania awards ceremony! With immense pride, we're ecstatic to share that we ranked 11th among large companies! 🏅 This momentous achievement is not just about the accolade but a testament to the incredible dedication and excellence our team members bring each day. Their unwavering passion and commitment to living our core values - bold, caring, and collaborative - were on full display as we celebrated together. Our talented professionals are the cornerstone of RKL's success. They're not just experts in their respective fields; they're innovators, forward-thinkers, and the driving force behind the exceptional service we provide to every client. 🤝 As we gathered at the reception, surrounded by the best and brightest, it was a powerful reminder of how our collective efforts have fostered an environment where excellence thrives and innovation is always on the horizon. 🚀 We're grateful for our team's relentless pursuit of growth, both professionally and personally, and for their support of one another. This recognition belongs to each and every one of you at RKL! #RKLproud #BPTW #TeamExcellence #InnovationLeaders RKL Virtual Management Solutions RKL eSolutions LLC 🔗 Discover more about our award-winning culture and services at https://hubs.ly/Q02_BDxh0.