CT Expert Insights

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 benef...

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 ques...

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...

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 Informatio...

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 u...

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 Directo...

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...

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 t...

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 exem...

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 Co...

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 ne...

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/exp...

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:...

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...

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 requi...

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...

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...

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 quali...

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-...

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 r...

DIYMarketers.com Publisher Ivana Taylor shares her "winflation" mindset that she encourages all business owners to have during this time of inflation. Instead of focusing solely on cutting costs and raising prices, Taylor urges us to listen for other ways our customers wish we could help them and come up with enticing incentives for them to do more business with us. Taylor also highlights the valu...

Entrepreneur and speaker Ramon Ray joins us to discuss how employers can attract and keep the best talent at a time when so many businesses are badly understaffed. He also outlines some best practices to make telework good for your productivity and for employee morale. Finally, Ray offers some helpful hints on how to make yourself the best advertisement for your business.

Business licensing can get complicated for insurance businesses, so knowing how to stay compliant is critical. In this edition of "Expert Insights," CT Corporation's Coby Ringgenberg takes us through the importance of insurance firms being properly licensed, the consequences of non-compliance, and how to start and complete the licensing process. For additional resources, please visit: https://www....

Durable medial equipment (DME) providers are among the most heavily-regulated businesses in the nation. Why is that and what do DME business owners need to know about getting licensed, and meeting state and federal requirements for operation? CT Corporation Manager of Content Management Hans Howk walks us through the critical steps of compliance and how to stay in good standing over the long haul....

The government will soon be imposing a new beneficial ownership reporting rule as part of the Corporate Transparency Act, which was passed by Congress last year. CT Corporation Publications Attorney Sandra Feldman explains which entities will need to comply with the new rule, what potential exemptions exist, and what information the government is going to want in these reports. For additional reso...