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BOI/CTA UPDATE: Treasury Department Suspends Enforcement of Penalties
UPDATE: On March 2, 2025, the U.S. Department of the Treasury announced that it will not enforce any penalties or fines associated with the Corporate Transparency Act (CTA) reporting requirements against U.S. citizens or domestic companies. Rather, it plans to propose rules that narrow the scope of the CTA to foreign reporting companies only. What…
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Building Stronger Teams Through Inclusive Leadership: A Business Success Strategy
When it comes to building a successful business, your ability to attract, retain, and empower talented employees is crucial. Research consistently shows that companies thrive when they create workplace environments where all team members feel valued and supported to contribute their best work. Let’s explore practical strategies for fostering such an environment and examine how…
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Planning a Trip? Protect Your Children with a Kids Protection Plan®
As Spring Break approaches, followed by summer, you’re likely focused on planning the perfect getaway with your children—booking flights, reserving hotels, and mapping out exciting adventures. But there’s one crucial aspect of travel planning that often gets overlooked: ensuring your children’s safety and care if something unexpected happens to you during your trip. While no…
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A Female Founder’s Guide to Business Success
Women are launching businesses at an unprecedented rate, yet the road to success is rarely smooth. While female founders are proving their resilience and innovation daily, they still face unique challenges—from securing funding to balancing leadership with personal life demands. But let’s be clear: female entrepreneurs aren’t just keeping up; they’re redefining success on their…
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Protecting Your Rights: Estate Planning Strategies for Same-Sex Couples
The political landscape is shifting, and many same-sex couples are worried about what could happen if federal protections for their marriages are rolled back. You’ve worked hard to build a life together, and the last thing you need is uncertainty about whether your marriage, your assets, or your rights will be recognized in the future.…
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BOI/CTA UPDATE: Reporting Requirements Reinstated…For Now
UPDATE: On February 17, 2025, the U.S. District Court for the Eastern District of Texas, in the case Smith vs. Dept. of the Treasury, issued a ruling reinstating the reporting requirements for the Corporate Transparency Act (“CTA”). For most companies, beneficial ownership information (“BOI”) must now be reported to the U.S. Treasury’s Financial Crimes and…
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What All Business Owners Can Learn From Blake Lively’s Harassment Lawsuit
The Hollywood lawsuit between Blake Lively and Justin Baldoni brings workplace sexual harassment back into the spotlight. While this case involves celebrities, sexual harassment affects workplaces of all sizes and industries. As a business owner, understanding how to prevent and address sexual harassment is crucial for protecting both your employees and your company. Recognizing Sexual…
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Estate Planning During Divorce: Lessons from Shannen Doherty’s Legacy
The July 2024 passing of beloved Gen X actress Shannen Doherty offers important lessons about estate planning during divorce. Known for her iconic roles in “Beverly Hills, 90210,” “Heathers” and “Charmed,” Doherty not only faced a courageous and public battle with breast cancer but also raced against time to finalize her divorce and protect her…
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The Unexpected Challenges of Being an Estate Executor
When someone asks you to be the executor of their estate, it might seem like a straightforward responsibility – distribute assets according to their will and handle some paperwork. However, as many executors discover, the role involves far more complexity, time, and emotional labor than expected. Understanding these challenges now can help you better prepare,…
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Smart Cost Control Strategies That Protect Your Business’s Future
Understanding how to control costs is essential for any business owner. But implementing cost-cutting measures without proper legal and financial planning can put your company at risk. While reducing expenses may feel like a straightforward path to increased profitability, hast decisions in this area can expose your business to significant legal and financial vulnerabilities. Let’s…