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Latest News:
FinCEN Eliminates Beneficial Ownership Reporting for U.S. Companies
CTA Update as of March 25, 2025 In line with the U.S. Department of the Treasury’s announcement on March 2, 2025, the Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule that eliminates the requirement for U.S. companies and individuals to report beneficial ownership information (BOI) under the Corporate Transparency Act. This new …
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What kind of company would you like to start?
The “standard” type of corporation. Can have an unlimited number of owners who are provided with limited liability protection. Popular form of entity for companies looking for funding from venture capitalists.
S-Corporations are C-Corporations that have elected S-Corp Status with Federal and State tax agencies. Provides flow-through taxation to the shareholders but limits the number of shareholders.
The Limited Liability Company is a newer form of business entity that offers limited liability protection. Can be taxed as a Partnership, Corporation or have flow-through taxation to the members.