October 2022

Asset Protection in 2023

Asset Protection in 2023

Authored by Mark Lobb Business Owner ConsiderationsDuring Volatile Economic Times On October 17, 2022, Bloomberg’s statistical projections showed a 100% probability of a recession within the next 12 months.  The US economy continues to reel from decades-high inflation, Federal Reserve interest rate hikes, and growing geopolitical tensions.  At the same time, many states continue to […]

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New Federal Reporting Requirements For Privately-Owned Companies

New Federal Reporting Requirements For Privately-Owned Companies

Authored by Mark Lobb The Corporate Transparency Act (“CTA”) provides for the establishment of a beneficial ownership registry within the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”). It requires non-exempt domestic and foreign companies to disclose information regarding their beneficial owners. The CTA’s legislative objectives are to foster greater corporate ownership transparency and to

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