Business Law
Trusted Partner in Business Law
We understand that each business is unique. That's why we offer personalized legal solutions tailored to meet the specific needs of your business. Whether you're starting a new venture, managing an LLC, or navigating through the new Corporate Transparency Act (CTA), our goal is to provide clear, practical advice that makes a real difference.
We ensure your business is not just compliant, but also thriving legally. Our commitment is to protect and empower your business, no matter its size or industry. With our firm by your side, you can focus on what you do best – running your business.
How We Can Help
LLC Formation and Management
Whether you are starting a new business, or need assistance with your previously established LLC, we can help make sure you have everything you need to handle the road ahead.
Corporate Formation and Management
We provide everything you need to form and manage your corporation including Bylaw preparation, stock certificates and agreements.
Partnerships and Limited Partnerships
We provide everything you need to form the partnership and structure the relationship between the founders.
Business Contracts and Agreements
Review and drafting of contracts and agreements including Buy-Sell Agreements.
Business Protection Strategy Sessions
Business Continuity Plans
Compliance and Legal Advising
Acting as Your Registered Agent
Protect your Business- Contact Us Now
The Corporate Transparency Act
What is the Corporate Transparency Act?
The CTA is a law that requires business entities it identifies as reporting companies to disclose certain information about the company and its owners to the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Under the CTA, a reporting company is a corporation, limited liability company (LLC), or other similar entity created by filing a document with the secretary of state or a similar office under the laws of a state or Indian tribe or formed under the laws of a foreign country and registered to do business in the United States. The following information about the reporting company must be included in the report:
- company’s legal name, and any trade name or “doing business as” name
- street address of the principal place of business
- jurisdiction in which the business was formed
- tax identification number
Don't be fooled by the name—the CTA targets all types of business entities, especially small limited liability companies (LLCs) and partnerships. If you have any business entity—for example, to hold out-of-state real property or valuable personal property, receive valuation discounts, or protect assets—they may be required to comply with the CTA.
Does My Company Need to Report Under the CTA?
DOES MY COMPANY NEED TO REPORT?
Reporting companies include corporations, limited liability companies (LLCs), or other entities created or registered by filing a document with a secretary of state or similar state office.
Who is Exempt from Reporting:
Twenty-three types of entities, including publicly traded companies and nonprofits
Certain large operating companies that have
more than 20 full-time employees,
more than $5 million in annual gross receipts or sales, and
a physical operating presence in the United States.
Review this Chart for More Information on Who Has to Report:
Links and Resources
ASSET PROTECTION
Business owners and entrepreneurs must use asset protection strategies to minimize risk to personal assets from creditor’s claims and litigation. Here a a few strategies to use to protect your assets!
Read MoreUnderstanding the Differences Between a Revocable Trust and an Irrevocable Trust
Trusts can be useful tools to pass assets to the next generation, protect your assets, save on estate taxes, or…
Read More“Leave A Legacy, Not A Mess”
Emerald Publications – September, 2007