Resources

US Government

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 the financial system from illicit use, combat money laundering, and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use
July 16, 2024. 4 minute read
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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 fast. In today’s complex business landscape, regulatory compliance is more critical than ever. One of the most significant requirements for US business owners is the
July 9, 2024. 4 minute read
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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.   As a Certified Public Accountant (CPA), navigating the complexities of regulatory compliance, particularly when it comes to filing the newly instated Beneficial Owner Reports
March 29, 2024. 3 minute read
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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
March 18, 2024. 2 minute read
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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.
March 18, 2024. 3 minute read
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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
March 18, 2024. 2 minute read
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    Entity and corporate document protection for business owners, accountants, and financial planners like you.
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    Business Formation

    You and your team have a great idea for a new Texas-based business, and you’re ready to take it to market. Use this quick guide to make sure you’ve covered all your bases to form a partnership.   To file a partnership in the state of Texas, you will need to follow these general steps:   Choose a Business Name
    July 12, 2024. 2 minute read
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    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
    June 28, 2024. 2 minute read
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    You’ve got the big idea, but do you need an LLC? Here’s a quick glance at the pros and cons of registering your entity as an LLC in the US.   The specific requirements and fees for forming a Limited Liability Company (LLC) vary by state, but generally, you will need to file articles of organization with the Secretary of
    June 20, 2024. 2 minute read
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    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
    May 31, 2024. < 1 minute read
    Read it now.
    You’ve decided to form a Corporation in the US, but you’re not entirely sure which type is the best fit for you. Here’s a quick look at the types of corporations you can choose from, as well as the pros/cons of registering your business as one. Registering a new Corporation with the US government involves filing the necessary paperwork with
    April 22, 2024. 2 minute read
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    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
    April 10, 2024. 2 minute read
    Read it now.
    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
    March 27, 2024. 5 minute read
    Read it now.
    You may have heard about the new legislation that requires all business owners to file their unique Beneficial Owner information with the U.S. Government. Are you prepared to file?   Beneficial Owners A beneficial owner is an individual who ultimately owns or controls a significant portion of a company’s equity or exercises substantial influence over its operations. This person may
    March 25, 2024. 2 minute read
    Read it now.
    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
    March 18, 2024. 2 minute read
    Read it now.
    Own some real estate in the state of Texas? You might want to consider registering your holding as an entity. Here’s how.   Some land and property owners choose to register their real estate as a formal entity in the state of Texas as a Limited Liability Company (LLC) or a Corporation to hold and manage the properties. Here’s how
    March 18, 2024. 2 minute read
    Read it now.

      Small Business

      You and your team have a great idea for a new Texas-based business, and you’re ready to take it to market. Use this quick guide to make sure you’ve covered all your bases to form a partnership.   To file a partnership in the state of Texas, you will need to follow these general steps:   Choose a Business Name
      July 12, 2024. 2 minute read
      Read it now.
      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
      June 28, 2024. 2 minute read
      Read it now.
      You’ve got the big idea, but do you need an LLC? Here’s a quick glance at the pros and cons of registering your entity as an LLC in the US.   The specific requirements and fees for forming a Limited Liability Company (LLC) vary by state, but generally, you will need to file articles of organization with the Secretary of
      June 20, 2024. 2 minute read
      Read it now.
      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
      May 31, 2024. < 1 minute read
      Read it now.
      You’ve decided to form a Corporation in the US, but you’re not entirely sure which type is the best fit for you. Here’s a quick look at the types of corporations you can choose from, as well as the pros/cons of registering your business as one. Registering a new Corporation with the US government involves filing the necessary paperwork with
      April 22, 2024. 2 minute read
      Read it now.
      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
      April 10, 2024. 2 minute read
      Read it now.
      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
      March 27, 2024. 5 minute read
      Read it now.
      You may have heard about the new legislation that requires all business owners to file their unique Beneficial Owner information with the U.S. Government. Are you prepared to file?   Beneficial Owners A beneficial owner is an individual who ultimately owns or controls a significant portion of a company’s equity or exercises substantial influence over its operations. This person may
      March 25, 2024. 2 minute read
      Read it now.
      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
      March 18, 2024. 2 minute read
      Read it now.
      Own some real estate in the state of Texas? You might want to consider registering your holding as an entity. Here’s how.   Some land and property owners choose to register their real estate as a formal entity in the state of Texas as a Limited Liability Company (LLC) or a Corporation to hold and manage the properties. Here’s how
      March 18, 2024. 2 minute read
      Read it now.
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