Trustees as Beneficial Owners

Trustees as Beneficial Owners

Are you a trustee required to report on Beneficial Ownership under the Corporate Transparency Act? There has been some confusion with some thinking only those with at least 25% ownership must be listed when filing the BOI report. However, the BOI requirement is not...
Beneficial Ownership Minor Child Exception

Beneficial Ownership Minor Child Exception

Do you have minor children who are owners of an entity? Did you know that if they have at least 25% equity in a corporation that they are considered a beneficial owner? Do you want to know how you can avoid submitting their information to Fincen?The Corporate...
How to Identify Beneficial Owners

How to Identify Beneficial Owners

Are you an owner of a business? Do you know you may have to report information to FinCen regarding who has control or ownership of your company? It’s important to note that entities, whether recently formed or having been in business for decades are subject to...
Navigating the Surge in Sales Tax Changes

Navigating the Surge in Sales Tax Changes

Are you an entrepreneur that sells tax able products. Are you struggling to keep up with the changes with rates? The number of sales tax rate changes has reached a near 10-year high, fueled by the increasing complexity of the tax environment both domestically and...
Certain CA Shareholders Can opt out of SDI

Certain CA Shareholders Can opt out of SDI

Are you a sole shareholder (or the only other shareholder of your company is your spouse) of a California corporation? Are you earning W2 wages and paying the State Disability tax (SDI)? Did you know you can opt out and keep additional funds in your pocket? Disability...

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