The Corporate Transparency Act

The Corporate Transparency Act

THE CORPORATE TRANSPARENCY ACT & FINAL RULE FOR BENEFICIAL OWNERSHIP REPORTING The Corporate Transparency Act (CTA), which was passed by Congress as part of the Anti-Money Laundering Act of 2020, requires reporting of beneficial ownership information (BOI) and was...
Flipping an LLC to a C-Corp

Flipping an LLC to a C-Corp

Many early-stage businesses start as an LLC because the costs are so low. However, there may be a time to flip to a C-Corp. It can be done. Decisions made for a company early in its existence, even if they were ideal at that time, can become less than optimal as the...