UPDATE (MARCH 4, 2025) : As of now, the US Treasury Department has officially suspended all enforcement of the CTA. Read here for more details. Here’s the most up-to-date information we have on the Corporate Transparency Act (CTA) and Beneficial Owner Reports (BOI). If you own a small business, you’ve probably heard about the Corporate Transparency Act (CTA) and the

You already work to make the world around you better for others, but you have the notion that the best way to do even more good is to make it official with the US government. Here’s a quick overview of what types of Nonprofits are available to be registered, as well as the Pros and Cons of registering as a

US-Based Nonprofits – The end of the year is coming up fast! Make sure your books are tightened up and the beginning of 2025 will be a breeze. The end of the year is a crucial time for non-profit organizations in the US. Proper financial management, compliance reviews, and donor engagement can set the stage for continued success. This 10-step

You’ve got the mission. You’ve got the heart. You’ve got the big idea for how you can help others in Texas. Here’s how you can get started.   Registering a Nonprofit in the State of Texas   Define Your Mission and Purpose: Clearly articulate the mission and purpose of your nonprofit organization. This statement should outline the social or charitable

So, you’ve got a great idea for a start-up? Here’s why shareholder agreements can be pivotal to your success.   What is a Shareholders’ Agreement? A shareholders’ agreement, also referred to as a stockholders’ agreement, is a private legal document outlining how the company should be operated as well as the rights and responsibilities of the shareholders.   Shareholder’s agreements

As a seasoned business owner, shareholder agreements are incredibly important in protecting your businesses and your shareholders. Here’s why they should be essential to your business structure.   Shareholder Agreements A shareholder agreement is a legal contract between the shareholders of a company that outlines their rights and responsibilities, as well as the rules for the management and operation of

I’m starting a nonprofit and not sure where to start – Do I need a lawyer?   While it is not a legal requirement to have a lawyer help you register your nonprofit in the US, it is highly advisable to seek legal counsel.   Here are several reasons why involving a lawyer can be be really helpful: Expertise in

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