Limited liability is an important advantage provided by corporations and limited liability companies (LLCs). The personal asset protection that corporations and LLCs provide for their owners, however, is not absolute. To maintain the liability shield, owners must comply with certain corporate formalities required by state law or recommended as a best practice. In addition, observing...Read More
by: Ginger Toll If you are or recently were a business owner, this article is of the utmost importance! Deadlines are looming and we wanted to ensure you are fully aware and prepared. The Corporate Transparency Act, despite challenges to its constitutionality, is still very much intact and being enforced. FinCEN estimates that of the...Read More
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