Small businesses are not currently required to file ownership reports under the Corporate Transparency Act (CTA), despite a recent U.S. Supreme Court decision allowing the government to enforce the law. The Financial Crimes Enforcement Network (FinCEN) clarified that a separate court order is still blocking enforcement of the rule. The CTA, an anti-money laundering law,…
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Many people believe that if their estate isn’t subject to taxes, they don’t need an estate plan. However, this misconception overlooks the many advantages of planning your estate. Although minimizing taxes is a common motivation, an estate plan does far more. It empowers you to maintain control of your assets, protect your privacy, and ensure…
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Congratulations on your new home! Whether it’s your first purchase or a move to better suit your needs, owning a home is a major milestone. With this exciting life change comes important responsibilities to prepare for the future. Here are three essential steps to take now that you’ve got the keys. 1. Update Your Address…
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