by Mat Sorensen | Dec 27, 2024 | Law, Small Business
The BOI reporting requirement for LLC and corporation owners has been halted again by the 5th Circuit U.S. Court of Appeals. This time, it was the merits panel of the 5th Circuit whose ruling said the BOI requirement raises serious constitutional questions and...
by Mat Sorensen | Dec 26, 2024 | Law, Small Business
On December 23, 2024, the BOI filing requirement for LLCs and corporations was reinstated by the Fifth Circuit Court of Appeals. The Appeals Court overturned the federal district court ruling earlier this month, which struck the BOI filing requirement down as...
by Mat Sorensen | Dec 5, 2024 | Law, Small Business
The Corporate Transparency Act, which required LLCs or corporations to file BOI reports to FinCEN, was ruled unconstitutional by a federal district court in Texas. The case was Texas Top Cop Shop, Inc. V. Garland, and the Court ruled that the federal government does...
by Kevin Kennedy | Dec 11, 2019 | Asset Protection, Business planning, Corporations, Law, Securities law, Small Business, Tax Planning
By Kevin L. Kennedy, Esq. Let’s say you have a day job working for someone else, but you’re also trying to start a side business. You hope that one day you can leave your ‘day job’ and work for yourself full-time. Maybe this sounds familiar to you. Your first...
by Lee Chen | Dec 11, 2019 | Asset Protection, Law, Real Estate, Small Business, Tax Planning
Lee Chen, Esq. On October 2, 2019, California enacted the AB 1482, representing the most comprehensive reform of California landlord-tenant laws in decades. The law, which essentially imposes “rent control” provisions for certain rentals in California, officially...
by Deven Munns | Dec 11, 2019 | Estate Planning, Law, Real Estate, Retirement Planning, Small Business, Tax Planning
Deven L. Munns, Esq. Opportunity Zones (OZ) investments were created under the recent passage of the Tax Cuts and Jobs Act (TCJA) and designed to help states jumpstart communities that historically have struggled economically. In theory, they have a two-prong benefit;...