Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements.  

Organizations throughout the U.S. are studying what they must do to be in compliance with the federal requirements outlined in the CTA. In addition, New York has its own rules for reporting beneficial ownership information. So how much similarity is there between the CTA and the New York regulations and what additional rules do you need to comply with in the Empire State? CT Corporation Senior Manager for Government Relations Alan Stachura joins us to discuss these questions and more.

For additional information and resources:
https://www.wolterskluwer.com/en/solutions/ct-corporation/beneficial-ownership-information

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements.  

The Treasury Department's Financial Crimes Enforcement Network, or FinCEN, recently issued new guidance on whether dissolved businesses still need to file BOI reports. It seems like a simple question but the answer can vary depending on the details of your dissolution. CT Corporation Publications Attorney Sandra Feldman helps us sort it all out.

For more information and resources:
https://www.wolterskluwer.com/en/solutions/ct-corporation/beneficial-ownership-information

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information reporting requirements. 

There are multiple ways to submit beneficial ownership information in compliance with the Corporate Transparency Act. To help ease any concerns about sending the information, the government is offering the option to enter the data through a FinCEN ID.

CT Corporation Publications Attorney Sandra Feldman explains how the FinCEN ID works, the advantages of using it, and some reasons you might want to think twice about it.

For additional information and resources:
https://www.wolterskluwer.com/en/solutions/ct-corporation/beneficial-ownership-information

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information reporting requirements.  

Because compliance with the CTA begins this year, millions of businesses are dealing with the reporting requirements for the first time. Which businesses need to provide Beneficial Ownership Information (BOI) and which ones are exempt? For those that do need to report, what information do they need to provide? How soon do they need to provide it? And where can business owners turn for help?

In this episode Ani John, Associate Director of Product Management at CT Corporation, answers all of these questions and explains how CT's award-winning BOI platform guides you painlessly through the reporting process in just a fraction of the time it would take to do on your own.

For additional information and resources:
https://www.wolterskluwer.com/en/solutions/ct-corporation/beneficial-ownership-information

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information reporting requirements. 

In this episode, George May, Vice President of Small Business Segment at CT Corporation, walks us through which entities need to comply with the CTA and which ones are exempt, the reporting challenges unique to startups, how best to protect the sensitive information of beneficial owners, and why the smartest move is to comply as soon as possible.


For more information and resources: https://www.wolterskluwer.com/en/solutions/ct-corporation/resources/corporate-transparency-act-resources 

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information reporting requirements.    

In March, a federal judge in Alabama declared the CTA unconstitutional. So does this mean that non-exempt businesses are no longer required to comply? Absolutely not. CT Corporation Associate Director of Government Relations Mike Powell joins us to explain the court ruling and why it actually impacts very few businesses. 

Powell also addresses concerns that the reporting requirements are overwhelming for some business owners and whether the government will be aggressively penalizing businesses that do not comply correctly.

For more information and resources: https://www.wolterskluwer.com/en/solutions/ct-corporation/resources/corporate-transparency-act-resources 

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information reporting requirements.   

The Corporate Transparency Act is the most significant piece of federal legislation impacting business in more than a century, and the key provision requiring businesses to submit beneficial ownership information begins this year. So what do law firms need to know about the CTA and the type of help their clients will need and expect?  

In this episode, Ross Aronowitz, Vice President and Head of Law Firms Segments at CT Corporation, details the concerns and challenges facing law firms related to the CTA, how to address them effectively, and why helping businesses comply with the new law could be a fantastic opportunity for law firms. 

For more information and resources: https://www.wolterskluwer.com/en/solutions/ct-corporation/resources/corporate-transparency-act-resources 

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information reporting requirements.

In this episode, we examine compliance requirements for investment funds. CT Corporation Major and Strategic Accounts Associate Director Danielle Bennett explains what information investment funds need to report and when they need to report it. She also addresses privacy concerns when submitting sensitive information, how to start a process for reporting, and how to determine if your investment fund is exempt.

For additional information and resources:
https://www.wolterskluwer.com/en/solutions/ct-corporation/resources/corporate-transparency-act-resources

Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA), and specifically, how to file Beneficial Ownership Information reports.

We begin by examining whether your business is exempt from this requirement. Today, CT Corporation Vice President and Head of Corporations Domingo Vazquez explains which entities qualify for exemptions, with a special focus on large operating companies, subsidiaries of exempt companies, and inactive entities.  

For more information and resources: 
https://www.wolterskluwer.com/en/solutions/ct-corporation/resources/corporate-transparency-act-resources

The Corporate Transparency Act (CTA) is now in effect and tens of millions of business owners are required to comply with it by filing Beneficial Ownership Information reports. But which businesses need to file these reports and which ones are exempt? What information must be submitted to comply with the CTA? And why might a third party provider be a good way to ensure you are in compliance? CT Corporation Publications Attorney Sandra Feldman has those answers and many more in our new podcast.

For additional information and resources:
https://www.wolterskluwer.com/en/solutions/ct-corporation/beneficial-ownership-information

Dissolution is not a topic many business owners like to think about, but if the time comes, it's important to know what to expect. In this edition, CT Corporation Account Manager Mike Enright explains the different types of dissolution and how to approach that decision as a corporation or an LLC. He also walks us through the formal steps of dissolution in most states and what information you'll need to complete the process.

For additional information and resources, please visit:

https://www.wolterskluwer.com/en/expert-insights/the-administrative-dissolution-and-reinstatement-of-business-entities

https://www.wolterskluwer.com/en/solutions/ct-corporation/business-entity-dissolution-or-withdrawal

Engineering firms must navigate a number of government regulations, and that includes obtaining a business license. CT Corporation's Hans Howk walks us through the regulatory environment for engineering businesses, what the process for getting a business license looks like, and the significant consequences for non-compliance.

For more information and resources:
https://www.wolterskluwer.com/en/expert-insights/business-license-pitfalls-for-architecture-and-engineering-companies

Before you start building your architecture business, make sure you have the proper licensing and other compliance in place. CT Corporation Content Management Associate Claire Corbin explains what you need to do to acquire your license, some of the rules you need to follow when naming your business, what the penalties are for non-licensure, and much more.

For additional information and resources:
https://www.wolterskluwer.com/en/expert-insights/architecture-firm-business-licensing-and-other-legal-requirements

In late September, the Financial Crimes Enforcement Network, or FinCEN, finally released specifics on how small businesses need to comply with a new reporting rule through the Corporate Transparency Act. CT Corporation Publications Attorney Sandra Feldman explains what information the government requires, which businesses are exempt, and when you need to have all of your information submitted.

For addition information, please visit:
https://www.wolterskluwer.com/en/expert-insights/fincen-issues-final-rule-implementing-the-reporting-requirements-of-the-corporate-transparency-act

In our most recent podcast, we walked through all the steps needed to select and establish a name for your corporation of LLC. But sometimes it becomes necessary to change the business name. CT Corporation Publications Attorney Sandra Feldman shares some reasons businesses seek a name change, steps to take before making a formal change, how to make it official, and what sort of compliance is required afterwards.

For additional information and resources, please visit: https://www.wolterskluwer.com/en/solutions/ct-corporation/business-naming

Naming your business involves a lot more than coming up with something your customers will remember. CT Corporation Manager of Customer Service Tim Jensen explains what the government will require from you in a business name, why you might not get to use your first choice, and what words you can and cannot use. He also explains how to reserve a name before your business opens and how to proceed if you do business in multiple states.

For additional information and resources: https://www.wolterskluwer.com/en/expert-insights/entity-naming-requirements-for-corporations-llcs

At the beginning of August, Delaware law changed to offer more liability protections for corporation officials when there's been a breach of duties. With so many businesses formally registered in Delaware, this will have an impact throughout the country. CT Corporation Publications Attorney Sandra Feldman explains what exactly has changed, the impact the change is likely to have, and what business owners need to do to comply with the updated law.

For additional information and resources: https://www.wolterskluwer.com/en/expert-insights/delaware-corporations-can-now-limit-the-liability-of-senior-officers

Choosing the right entity for your business is one of the most important decisions a business owner makes. In this edition, we focus on corporations. Should you establish your business as a corporation? And if you do, is it better for your business to be taxed as a C Corporation or an S Corporation? CT Corporation Publications Attorney Sandra Feldman explains what characteristics you need to qualify as a corporation and walks us through the tax advantages and disadvantages of filing as a C Corp or an S Corp.

Third party logistics providers, or 3PL's, must meet strict compliance requirements, particularly those doing business in the pharmaceutical industry. In this edition, Wolters Kluwer Manager of Content Management Hans Howk explains what the licensing requirements are for 3PL's and which government agencies will be making sure you are in compliance. He also explains the penalties for licensure non-compliance and how CT Corporation can help you navigate all the complexities that come with this designation.

For additional resources, please visit:
https://www.wolterskluwer.com/en/expert-insights/third-party-logistics-provider-licensing-requirements

Business identity theft is growing quickly but protecting yourself before someone tries to attack you, and knowing what to do if they succeed, can save you a lot of money and stress. Andrew La Marca, director of fraud and compliance at Dun & Bradstreet, tells us how bad actors target businesses, how to stay vigilant for these attacks, and what to do if your business is victimized.

For additional resources, please visit:
https://www.wolterskluwer.com/en/expert-insights/the-rising-risk-of-business-identity-theft