» Business Law

We have posted previously about the reporting requirements of The Corporate Transparency Act (read more here), which was signed into law on January 1, 2021. Commencing January 1, 2024, existing and new corporate and related entities, if not exempt, m… Read More

As summer ends, business owners should consider decisions and tasks to complete during the final months of the year. A thorough review of existing corporate documents will address: Entity Filings and Reports: Was the business properly formed to opera… Read More

Independent Contractor Status and Salary Exemptions: New Rules from the DOL Make Misclassification a Real Risk (Dirk Beamer, 1:50) The Corporate Transparency Act: It’s in effect. Are you in compliance? (Heather Miles, 16:00) Expanded Legal Protecti… Read More

We have discussed the reporting requirements of the Corporate Transparency Act in a November post and a January post. The reporting requires the names, addresses, birth dates, and identification numbers from a driver’s license or passport of th… Read More

Do you and your business partners have a buy-sell agreement? If so, do you pay attention to its requirements? The U.S. Supreme Court recently heard arguments in Connelly v. Internal Revenue Service, a dispute over the value of a closely-held corporat… Read More

Late this past Friday, a U.S. District Court Judge in the Northern District of Alabama issued a ruling in favor of the National Small Business Association holding that the Corporate Transparency Act (“CTA”) exceeds the limitations that the Consti… Read More

The federal Corporate Transparency Act was passed in 2021 but takes effect this coming year. With the goal of tracking and limiting illegal money flowing through the American economy, the Act imposes reporting requirements on most existing and new sm… Read More

Succession planning for family businesses is a crucial but often overlooked part of planning for the future. Having a plan in place that outlines how the business will continue to operate, even as ownership and leadership changes, is essential for th… Read More