The article was originally posted on November 29, 2023 and has been updated to reflect changes that went into effect in 2024. The CTA was enacted January 1, 2021 and took effect starting January 1, ...
Getting the choice of entity right at the start is crucial, since switching later can have tax and other consequences. Getting the choice of entity right at the start is crucial, since switching later ...
A holding company is a legal business entity (usually a limited liability company or C Corporation) that owns or has a controlling interest in one or more companies (called “subsidiaries”). Other ...
Business entity type and tax structure impact your organization’s finance and compliance requirements. Two popular choices are limited liability companies (LLCs) and S-corps. Although the arrangements ...
The CTA was enacted January 1, 2021 and takes effect starting January 1, 2024. The Act is administered by FinCEN, an agency charged with combatting money laundering and other financial crimes. All BOI ...
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