Business Law

CTA Ping Pong – The Current State of FinCEN BOI Filings

CTA Ping Pong – The Current State of FinCEN BOI Filings

The Corporate Transparency Act (CTA) is a federal law requiring businesses to disclose specific ownership information to the US Financial Crimes Enforcement Network (FinCEN). The CTA filing requirements apply to corporations, LLCs, and partnerships, with exceptions...

Stay in Control: Proper LLC Governance

Stay in Control: Proper LLC Governance

Entrepreneurs often prefer an LLC business structure because it offers flexibility in management, protects owners from liability, offers significant tax benefits, and has less paperwork. Part of these benefits make it the better option than corporations requiring...

What is an Asset Purchase Agreement and When Do I Need One?

What is an Asset Purchase Agreement and When Do I Need One?

An Asset Purchase Agreement (APA), also referred to as an asset sale agreement or business purchase agreement, is a legal document that outlines the terms and conditions for the sale and purchase of an existing business or its assets. The APA you use should outline...