Monthly Archives: July 2021

25 Jul

Biz Brief: New Law Creates New Reporting Obligations for Businesses

In an effort to combat “money laundering,” Congress passed the Corporate Transparency Act (“CTA”) on January 1, 2021. The CTA is not technically in effect yet; however, we anticipate that it will be the law by January 1, 2022, unless Congress enacts the regulations sooner. As such, “owners” of business entities need to be aware

15 Jul

Business Basics: Pick Your Partners Wisely

You will often hear us compare a business relationship to that of a marriage – the fact is, as business professionals we sometimes spend more time with our coworkers than we do our own families. So, when it comes time to start your own business venture, you want to make sure you are being extremely