Prioritizing business planning and estate planning as an owner are often overshadowed by more immediate concerns of the company. However, understanding the implications of your incapacity or death on your business is a crucial responsibility. [...]
What is a Registered Agent? A Registered Agent is a designated entity or individual chosen by a business, such as an LLC or C Corp, to receive legal notifications, government communications, and compliance-related documents on [...]
What is a Buy-Sell Agreement? A Buy-Sell Agreement is a legally binding contract that outlines the procedures for transferring a partner's ownership stake in a company under various circumstances, such as death. Typically, it dictates [...]
Effective January 1, 2024, significant changes in financial reporting requirements are set to affect businesses in the United States. These changes revolve around the reporting of beneficial ownership information (BOI) to the Financial Crimes Enforcement [...]
The Buy America initiative, a vital part of President Joe Biden's $1 trillion infrastructure program, seeks to boost domestic manufacturing and job growth by increasing the use of American-made products in federally funded projects. The [...]
The existing federal gift and estate exemption thresholds remain in effect until the conclusion of 2025, but there are motivations to review your estate and tax plans earlier. Starting on January 1, 2026, the present [...]
In the fast-paced world of business, it is easy to get caught up in the daily grind, sitting at a desk all day and focusing only on the tasks that need to be accomplished. However, [...]
Whether the succession plan is transferring the business to the next generation or selling to a strategic buyer, the time invested to plan for the transition out of a business is vital to ensuring [...]
