Don’t Wait to Develop Policies and Procedures

Don’t Wait to Develop Policies and Procedures

As organizations grow, it is easy to focus on day-to-day operations while putting formal policies and procedures on the back burner. Whether you operate a for-profit business or a nonprofit organization, documenting how key processes are performed is often viewed as...
FinCEN Ends BOI Reporting for Most U.S. Businesses

FinCEN Ends BOI Reporting for Most U.S. Businesses

The Corporate Transparency Act (CTA) introduced Beneficial Ownership Information (BOI) reporting to increase transparency around who owns and controls certain companies. In general, BOI reporting required certain entities to report information about their beneficial...
Choosing the Right Legal Entity for Your New Business

Choosing the Right Legal Entity for Your New Business

A client-friendly guide to the most common business structures Choosing a legal entity is one of the first important decisions you will make when starting a business. The right structure affects liability protection, tax reporting, payroll requirements, ownership...