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Avoid Major Penalties: Corporate Transparency Act Reporting Requirements
July 9th, 2024
As we move further into 2024, it is critical to remember the ongoing requirements under the Corporate Transparency Act (CTA). This legislation mandates that nearly all U.S. companies must file a Beneficial Owner Information (BOI) report with the Fina…
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Five best practices for terminating employees
March 6th, 2024
Contributor: Nancy Wood Stabell
As a leader in your company, the time will come when you must let go of employees. Being prepared and organized throughout the process is essential, no matter the situation. Termination requires incredible clarity and objectivity for the person(s) de…
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The Corporate Transparency Act: What you need to know for 2024
December 30th, 2023
Contributor: Nancy Wood Stabell
On January 1, 2024, sweeping new reporting requirements are going into effect to combat hidden ownership and money laundering. The Corporate Transparency Act will require those liable to disclose information about their beneficial owners and company…
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Why you need to regularly review your business records: Part two
December 7th, 2023
In my last article, we talked about the necessary evil of maintaining your business records, particularly in the categories of business filings, piercing the corporate veil, financials and real property. Part two of this series will discuss three mor…
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