How to Protect Your Family When You and Your Spouse Work in the Same Business You and your spouse live together, work together, and likely spend a great deal of your free time together. Having a successful marriage and business takes hard work and de…
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What Is Due Diligence When Buying a Business? Due diligence is the process of obtaining and verifying information about a company or person in preparation for a business transaction, such as an acquisition, merger, or potential new business partner.…
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? What Is Minnesota Paid Leave? The Minnesota Paid Leave program begins January 1, 2026, and offers paid, job-protected time off to eligible workers for significant family and medical events. Whether it’s recovering from a health condition, caring…
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Business Owner Update: Corporate Transparency Act As of March 26, 2025, all business entities formed in the United States, and their beneficial owners, are now exempt from the requirement to file beneficial ownership information (“BOI”) r…
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Corporate Transparency Act Back in Effect: What Your Business Needs to Know Following a key legal decision on February 18, 2025, the U.S. District Court for the Eastern District of Texas ruled in Smith, et al. v. U.S. Department of the Treasury, et a…
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Three Liability Planning Tips for Physicians Anyone Can Use Whether you are a physician or not, you probably know that the practice of medicine is a profession fraught with liability. It’s not just medical malpractice claims either – employment r…
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Should I Convert my Business to an S Corporation? Converting your business to an S corporation (S corp) can offer significant advantages, but it’s essential to understand the implications and process involved. Understanding S Corporations An S corp…
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CTA On Hold — Again! The Corporate Transparency Act (CTA), a landmark law requiring businesses to disclose their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), has once again been placed on hold. A recent…
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Federal Court Decision Halts Enforcement of the Corporate Transparency Act A significant federal court decision in Texas has postponed the enforcement of the Corporate Transparency Act (CTA), raising questions about its future. Originally set to go i…
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How the Corporate Transparency Act May Impact Your Estate Plan Starting on January 1, 2024, under a new law called the Corporate Transparency Act (CTA), owners of certain business entities must file a report with the federal government including deta…
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