In 2021, Congress passed the Corporate Transparency Act on a bipartisan basis. This law creates a new beneficial ownership information reporting requirement as part of the U.S. government’s efforts to make it harder for bad actors to hide or benefit
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How do I name my new startup business?
Naming your new startup business is the first step on your journey. It takes time and thought and probably a few hours of brainstorming for the perfect name. Numerous books and articles have been written about naming a business, but
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What do I need to consider when starting a new business?
Starting a new business is an exciting venture that requires critical decisions and strategic planning. Before diving in, it's essential to consider the market for your product or service, understand your competition, and accurately assess your financial resources. These initial
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What is the difference between a judgment and a lien?
Understanding the difference between a judgment and a lien is challenging for lenders, debtors, paralegals ordering a lien search, and the general public, who are often confused. A judgment is a formal decision made by a court regarding the rights
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How Do I Choose a Bank for My New Business Banking Account?
Starting a new company comes with a flurry of decisions, and one of the crucial ones is choosing the right bank for your business accounts. With so many options out there, how do you know which bank will offer the
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When is it Necessary to Have an Apostille?
An Apostille is necessary to legalize a document for international use in countries that are part of the Hague Apostille Convention. This is typically required for birth certificates, marriage certificates, diplomas, or corporate documents used in legal matters. What is
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Are There Penalties for Not Filing an Annual Report?
Many businesses and small business owners view filing annual reports as a burdensome chore accompanied by an additional fee. However, these reports are crucial repositories of essential contact and corporate information for business operations. The requirements for annual or biennial
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Understanding the Importance of Sales Tax Registration for Your Business
The importance of sales tax registration cannot be understated. Since the South Dakota vs. Wayfair decision, the landscape for multistate sellers has significantly changed. The rules for sales tax nexus have been rewritten, and companies that previously did not have
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