Dec 27, 2024 | Business Insights
Choosing the right ownership structure for your Limited Liability Company (LLC) can have a significant impact on how your business operates, its tax obligations, and its growth potential. LLCs are known for their flexibility compared to other business structures,...
Dec 27, 2024 | Business Insights
We have written regularly on the requirements of most business owners, subject to limited exceptions, to file disclosure documentation as required by the Corporate Transparency Act. We also updated you with the news that a Texas District Court had entered a nationwide...
Dec 5, 2024 | Business Insights
UPDATE – 12/10/24 After initial publication and contrary to the information below, FinCEN has now updated their website indicating reporting companies were not required to file at this time and that entities will not be subject to liability for failure to report...
Nov 11, 2024 | Business Insights
As we have previously discussed, despite some pieces of litigation challenging the Corporate Transparency Act (CTA), the CTA is still in place for now and companies and organizations need to grapple with compliance. The CTA reporting requirements may be on the...
Oct 16, 2024 | Business Insights
With the passage of the Corporate Transparency Act (CTA), there are a ton of questions. Most companies must file a Beneficial Owner Information Report (BOIR). Here are some of the main points: When do I need to file my BOIR? For companies formed prior to 1/1/2024, the...
Oct 9, 2024 | Business Insights
Attracting and retaining top talent often requires innovative compensation strategies. Multi-member LLCs are flexible but can also be complex. Founders and executives often wish to reward high-performing employees with upside value tied to the success of the company,...
