HIGH PRIORITY: Small Businesses must comply with new federal mandatory disclosure laws or face steep fines or imprisonment

Small businesses will now be required to disclose all “beneficial owners” to a newly-created law enforcement agency or face daily penalties or possible imprisonment. The new reporting scheme is largely unprecedented. The reporting requirements themselves are not extensive, but the constancy of updating disclosures will likely chill business formation.

What are LLC Operating Agreements?

Operating Agreements might be one of the most boring topics you could face when starting your business. However, the Operating Agreement is designed to mitigate the single biggest threat to the success of your business.