Sure, it’s tempting to just put your business formation documents on the shelf after you receive them, but it’s important that you share them with people you trust. Your formation documents—like your (Articles of Organization, operating agreement, bylaws, etc) signal the legal existence of your company and serve as a roadmap for how it operates. But beyond the state, there

While attorneys may seem like a safe choice to act as a business’s registered agent, a dedicated third-party agent is often the safer bet. Here’s why: 1. Risk of Default Judgments and Legal Liability Wolters Kluwer documents multiple instances where businesses suffered default judgments after their lawyers, acting as registered agents, failed to forward legal notices: In Millennium Outdoors, LLC

MARCH 2 – Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies Here’s how the announcement from the U.S. Treasury Department could impact you – Major Change: No More BOI Reporting for U.S. Businesses The Treasury Department has announced that it will not enforce any penalties or fines for failing to file

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

UPDATE (MARCH 4, 2025) : As of now, the US Treasury Department has officially suspended all enforcement of the CTA. Read here for more details. On Thursday 1/23/25, the Supreme Court reinstated the Corporate Transparency Act and lifted the injunction.  The case now returns to the 5th US Circuit Court of Appeals for further deliberation. So what does this mean? Nobody

UPDATE (MARCH 4, 2025) : As of now, the US Treasury Department has officially suspended all enforcement of the CTA. Read here for more details. Struggling to understand if the Corporate Transparency Act and BOI reporting apply to your business? We break down key court decisions, deadlines, and what you need to do to stay compliant. The Corporate Transparency Act

UPDATE (MARCH 4, 2025) : As of now, the US Treasury Department has officially suspended all enforcement of the CTA. Read here for more details. The clock is ticking! The end-of-year deadline for Beneficial Ownership Information (BOI) reporting is fast approaching, and your clients may be counting on you for guidance. With the end-of-year deadline fast approaching, American Certified Public

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

UPDATE (MARCH 4, 2025) : As of now, the US Treasury Department has officially suspended all enforcement of the CTA. Read here for more details. Heads up, CPAs – The Corporate Transparency Act and Beneficial Owner Reporting are not going anywhere. We’ve put together a quick reference guide so you can knock it out of the park with your clients.