Tag: corporation

• Navigating Transparency Through the Holidays: Unwrapping the Corporate Transparency Act, Part 2:

  

  Reporting companies play a crucial role under the Corporate Transparency Act (CTA), shouldering the responsibility of providing accurate “beneficial ownership information” (BOI). Compliance involves detailed reporting of legal names, business addresses, state of formation, and taxpayer identification numbers. Understanding CTA applicability and seeking legal guidance are vital for navigating compliance effectively.

  Esquire

  December 21, 2023

  Boss Moves

  Anti-Money Laundering Act, Business Entities, Business Law, business owner, Business Transparency, Compliance Guidelines, Corporate Transparency Act, corporation, Financial Crime Prevention, Financial Crimes Enforcement Network (FinCEN), Legal Obligations, limited liability company, llc, National Defense Authorization Act (NDAA), pierce county small business, Regulatory Compliance, Reporting Requirements, Small business, Small Business Compliance, small business owner, Small Business Regulations

• Navigating Transparency Through the Holidays: Unwrapping the Corporate Transparency Act, Part I

  

  The Corporate Transparency Act, part of the Anti-Money Laundering Act of 2020, aims to enhance transparency by requiring around 30 million small businesses to report their ownership details. A final rule has been issued to guide businesses on compliance, as violations carry civil and criminal penalties. Businesses are advised to educate themselves, review the final…

  Esquire

  December 21, 2023

  Briefs

  Anti-Money Laundering Act, Business Law, business owner, Business Transparency, Corporate Transparency Act, corporation, Financial Crimes Enforcement Network (FinCEN), limited liability company, llc, National Defense Authorization Act (NDAA), pierce county small business, Regulatory Compliance, Small business, Small Business Compliance, small business owner

• When an LLC Is Not the Best Fit

  

  Business owners who are interested in forming a new limited liability company (LLC) or converting their existing business to an LLC are probably familiar with the benefits of this entity type. While the LLC is a great fit for many companies, there are situations in which its disadvantages may outweigh its advantages. Depending on the…

  Esquire

  September 19, 2023

  Uncategorized

  business entity, Business formation, Business Law, business owner, corporation, incorporation, limited liability company, llc, pierce county small business

• Grow and Go!

  

  Safeguarding Your Business as You Grow Starting a business involves a certain level of risk, and entrepreneurs must be prepared to face various uncertainties. However, there are steps that can be taken to reduce risk and protect both the business and its owners. One of the key ways to mitigate personal risk is by choosing…

  Esquire

  August 15, 2023

  Business formation, Business Law

  business attorney, business entity, Business formation, Business Law, corporation, limited liability company, limited liability partnership, llc, pierce county small business, Small business, small business owner, washington small business

• Understanding Articles of Organization: A Guide for Business Owners

  

  For small business owners, the Limited Liability Company (LLC) is a favored entity structure due to its flexibility in governance, tax benefits, and asset protection. However, to enjoy the legal benefits of an LLC, owners must file Articles of Organization with the state. In this comprehensive guide, we’ll delve into the essential aspects of Articles…

  Esquire

  August 1, 2023

  Business formation, Business Law

  articles of incorporation, Business formation, Business Law, business owner, corporation, entrepreneur, general counsel, limited liability company, llc, new business, pierce county small business, Small business, small business owner, washington small business