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Recent Developments: FTC Rule Banning Noncompetes
October 1st, 2024
A federal judge has struck down the Federal Trade Commission (FTC) rule banning noncompetes nationwide. This ruling has brought the situation back to the status quo, meaning that, for now, existing noncompete agreements remain enforceable and employe…
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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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Two ways to make charitable contributions benefit your business over a lifetime
April 10th, 2024
Contributor: Nancy Wood Stabell
Dr. Martin Luther King, Jr. once said, “Life’s most persistent and urgent question is, ‘What are you doing for others?’” Though this statement was spoken in 1957, it still holds immense truth today for both individuals and businesses. W…
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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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3 Reasons to stop treating your business like a personal piggy bank
March 5th, 2024
Contributor: Nancy Wood Stabell
I know that as a business owner, your company can feel like an extension of your identity. However, keeping the lines between your business and personal finances clear is vital to the legitimacy, legality and future of your business. It is your oblig…
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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 one
October 6th, 2023
Originally Published In The Nashville Business Journal Running a business or a fast-paced corporate department can be a roller coaster, and keeping your business records organized and tidy likely does not sit at the top of your priority list. Believe…
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5 legal tips for entrepreneurs starting a new business
September 5th, 2023
Originally Published In The Nashville Business Journal As an entrepreneur, it is easy to dream up a new business idea and become enthralled with it. However, before beginning your upcoming venture, it is vital to take a step back and ensure you follo…
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