UPDATE (MARCH 4, 2025) : As of now, the US Treasury Department has officially suspended all enforcement of the CTA. Read here for more details. Yes, FinCEN regulations impact your business every single day. Read on to learn how to stay compliant and avoid big penalties.   The Role and Mission of FinCEN Mission Statement FinCEN‘s mission is to safeguard

UPDATE (MARCH 4, 2025) : As of now, the US Treasury Department has officially suspended all enforcement of the CTA. Read here for more details. Yes, it’s true. If you own a business or entity in the United States, you very likely will need to file a BOI Report with the US Government – and the deadline is coming up

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

You have a small business and know that you need to make it “official” – Is a partnership the right for you?   Registering a new partnership with the US government involves filing the necessary paperwork with the state in which you want to form your partnership. Bear in mind that the specific requirements and fees for forming a partnership

A Company Agreement is the key governing document for a limited liability company (LLC), providing the framework from which it operates. Starting a new business? Here’s a quick overview of why it’s so important for you and 8 things to  include.   Company Agreements are very similar to bylaws for corporations or partnership agreements for limited partnerships. According to the

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

You want to start a business in the US, but you’re unsure of where to start. Get a lawyer. Here’s why.   Obtaining legal counsel when forming an entity in the United States is highly recommended due to several important reasons: Legal Expertise and Guidance Attorneys specializing in business formation have in-depth knowledge of federal, state, and local laws that

DBA? LLC? Corporation? Partnership? You’re ready to start a new business, but you’re not sure what type of entity makes the most sense for you. We’ve assembled a quick pro-con comparison of all the options to help you choose the best entity type for you.   Here’s a pro/con comparison of keeping your business registered as a DBA (Doing Business

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