On March 3rd, 2024, a U.S. District Judge in Alabama made a significant ruling declaring the Corporate Transparency Act (CTA) unconstitutional in a specific case. This judgment has ignited discussions surrounding the delicate balance of power between the branches of government, particularly regarding the authority of Congress to regulate corporate transparency. It’s important to note that this ruling applies solely …
You’ve just registered your entity in the US, and you want to make sure you don’t miss anything important. Here’s why delegating a registered agent can an asset to your business. What is a Registered Agent? A registered agent is a person or entity that is designated to receive legal documents and notices on behalf of a business entity. …
Do you operate or own an entity (LLC, Partnership, Corporations, etc) in the United States? Heads up, there are big changes coming to what’s expected of you this year. The Corporate Transparency Act (CTA) was passed in December 2020 as part of the National Defense Authorization Act for Fiscal Year 2021, and came into effect in January of 2024. …
Having a third party act as your registered agent can help you manage your entities more efficiently and effectively. Here are some reasons why: Legal Compliance Each state has its own laws regarding the requirements for a registered agent, and these laws can change over time. A third-party registered agent is typically familiar with these laws and can help …
You’ve got an incredible idea to help people and you’ve registered your idea as a nonprofit with the US government. Congratulations. It’s time to get to work, but now is the time to prepare for the worst. Here are the 7 mistakes that nonprofits make that can kill them before the end of their first year in operation. Here’s …
Do you own a business and you’re just now hearing about the Corporate Transparency Act and Beneficial Owner Reporting? No worries, you’re not alone. Beneficial Owner Reporting Here’s a quick list of the information that you will have to provide to the US government under the Corporate Transparency Act (CTA) in 2024. Legal name of the entity The …