Updates and achievements regarding the firm and our partners, as well as observations and analysis on the laws and legislation affecting our community.
On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) issued a final interim rule consistent with the U.S. Department of the Treasury’s (the “Treasury Department”) announcement on March 2, 2025, which exempts domestic U.S. companies from beneficial...
Clients inquire whether it is sufficient for a short, customer friendly contract to incorporate by reference Terms & Conditions ("T&Cs") and merely provide a link to the T&Cs online, to allow the short contract to be legally binding against the customer...
Currently, all penalties or fines associated with the beneficial ownership information reporting requirements (“BOI Reporting Requirements”) under the Corporate Transparency Act (“CTA”) are not being enforced. On March 2, 2025, the U.S. Department of the Treasury (the...
As of December 26, 2024, reporting companies are not required to submit beneficial ownership information reports (“BOIRs”) with FinCEN, nor will they face penalties for failing to do so while the injunction remains in place. However, businesses can still voluntarily...
Twomey Latham donated gifts for the HeadStart children this year. The gifts were donated by members of the Firm, then packaged for delivery to children at their respective schools. In addition to the gifts for the children in HeadStart, the Firm donated money this...
On Saturday, December 14, 2024 members of Twomey Latham, along with family and friends, participated in the Polar Bear Plunge for Heart of the Hamptons at Coopers Beach in Southampton, NY. This was the 20th consecutive year the Firm participated in this fundraiser. ...
Summary: The IRS has announced that in 2025, the Lifetime Estate and Gift Tax Exemption (the “Lifetime Exemption”) will rise to $13,990,000 (from $13,610,000); the Annual Gift Exclusion will rise to $19,000 (from $18,000) and the Annual Gift Exemption for gifts to...
The law firm of Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP (the “Firm”) has announced that Christina Russo has joined the Firm as Associate Attorney. Ms. Russo concentrates her practice in Elder Law, Estate Planning, Trust and Estate Administration....
The law firm of Twomey, Latham, Shea, Kelley, Dubin & Quartararo, LLP (the “Firm”) announced that Zachary Mike joined the Firm as Associate Attorney. He concentrates his practice in Business and Corporate Law. “I am very excited to join this prestigious Firm and its...
LIVE YOUR COR FOUNDATION and DANA BARRETT STRONG partnered to organize an annual beach cleanup honoring Cory Hubbard and Dana Barrett, promoting environmental preservation, community involvement, and charitable support. The event encourages teamwork and positive...
Associate Attorney MaryKate Brigham led the TLSKDQ Team in the annual Alzheimer’s Association’s #Walk2EndAlz on the North Fork on September 28 and the Suffolk County Farm in Yaphank on October 19. Walk to End Alzheimer’s is the world’s largest event to raise awareness...
Bernadette E. Tuthill, Partner, is the VP of the North Fork Breast Health Coalition and Co-Chair of the annual 5K Walk for Breast Cancer Awareness to raise funds for the Coalition’s programs. This includes grants, free services and products for breast cancer survivors...
Twomey Latham has enjoyed a steady rate of growth since it was established in 1973.
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