CTA Update

CTA Update

We previously reported that on December 3, a Texas district court issued a nationwide preliminary injunction temporarily enjoining enforcement of the Corporate Transparency Act (“CTA”). Significant developments have taken shape since that update.… Read More
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Business Wellness Check

Business Wellness Check

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
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Employee retention credit tax reports marked as

The ERC Grift

You have likely heard or read advertisements encouraging you to call a certain consulting service regarding qualification for the Employee Retention Credit (ERC). This refundable tax credit encourages businesses that were financially impacted by COVI… Read More
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Business owner examining company records

Beyond the Veil

Entrepreneurs usually have a high tolerance for risk, and thus, they can be highly successful while navigating the challenges of running a company. As a business owner deals with the day-to-day stresses of making constant decisions, certain details c… Read More
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Ownership Compensation an…

Ownership Compensation and LLCs

One significant advantage of organizing a business as a limited liability company is the flexibility it affords. A single-member LLC can be taxed as a sole proprietorship, a multi-member LLC can be taxed as a partnership, and both single-member and m… Read More
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Notable Provisions Within…

Notable Provisions Within New Infrastructure Law

Signed into law on November 15, 2021, the $1.2 trillion Infrastructure Investment and Jobs Act (“the IIJA”) contains various provisions that may be of interest to small businesses and other employers. In a prior article, we advised that the Emplo… Read More
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Pets at Work

Pets at Work

Over 12 million American households adopted a pet during the pandemic. With the increase in pet ownership, more employees may be asking to bring their new companions with them upon return to the office. Do employers have to allow employees to bring t… Read More
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COVID-19 Relief Programs…

COVID-19 Relief Programs Expiring Soon

This year has been another one of challenges, and the impact has been felt across the country, particularly in the workforce. Several programs were put in place over the months to lessen the blow, but as we wrap up 2021, some relief is set to end. Si… Read More
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All in the Family

All in the Family

The U.S. Chamber of Commerce indicates that there are 5.5 million family businesses in the United States. They account for 57% of gross domestic product and employ 63% of the workforce. For business owners, family and business are top priorities. Bus… Read More
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Take Two

Take Two

Beginning last Wednesday, February 24, 2021, the Small Business Administration (“SBA”) began a 14-day PPP loan application window for small businesses and non-profits (meaning those with under 20 employees). This will help lenders dedicat… Read More
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