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Law, Accounting & Taxes

Most LLC subsidiaries of nonprofits exempt from New York’s LLC Transparency Act

But exemption is not automatic Quick overview: The New York LLC Transparency Act (NYLTA) is a new law requiring limited liability companies (LLCs) to annually disclose detailed information about their owners to the Department of State. Most LLCs that are wholly owned by nonprofits are exempt from NYLTA reporting based on a statutory definition which

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NextGen Label Group names new president and CEO

CICERO, N.Y. — NextGen Label Group says has appointed Dan Rosenbaum president and CEO, effective April 1. Rosenbaum has been serving as the firm’s CFO as well as the president of the company’s Van Alstine division since the February 2024 retirement of then-division president Gary Riley, Sr. NextGen Label Group provides labeling and packaging products

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