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FinCEN Issues Final Rule Implementing Access and Safeguard Provisions of the CTA
Holland & Knight
With the Corporate Transparency Act (the CTA) becoming effective on January 1, 2024, a final ruling was issued on the Access Rule that establishes the circumstances under which beneficial ownership
Ten Minute Interview: Corporate Transparency Act
Foley & Lardner
Under the Corporate Transparency Act (CTA) and starting January 1, 2024, companies created in the United States will have to disclose and file certain information with respect to individuals owning
5 Questions to Expect from Outside Advisors at the Beginning of a Liquidity Event
William Blair & Company
Leaders of founder-owned businesses embarking on a liquidity event often have never been through a sale process or conducted a formal capital raise. It’s a complex process—so they often
The Growing Regulation of AI-Based Employment Decision Tools
Perkins Coie
The growing use of video and automated technology, including artificial intelligence (AI), in employment practices—and the concern that the technology may foster discrimination and bias—
Should I Hire an Investment Bank to Sell My Business
Northern Trust
When selling your business, choosing the right team of advisors can make or break the deal. Some business owners may question whether to hire an investment bank to help with the transaction—
5 Ways Managers are the Answer to Employee Engagement
Rehmann
We’ve all heard the terms “quiet quitting,” “quiet firing,” and the “great resignation” that point to the need for better employee engagement, which is a
Open Enrollment 2024: Health Savings Accounts
Plante Moran
Employers who sponsor high deductible health plans (HDHPs) that are compatible with health savings accounts (HSAs) should take the opportunity to explain how they work during open enrollment. Through
2023 U.S. Family Business Survey
PwC
The notion of how to build trust in business is changing—fundamentally and rapidly. Due to powerful demographic shifts, most of today’s customers and employees hail from generations
Corporate Transparency Act: Identification of Individuals Who Exercise Substantial Control Over Reporting Companies
Kozusko Harris Duncan
Following the enactment of the Corporate Transparency Act (CTA), the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) explained that the CTA and FinCEN regulations
Corporate Transparency Act: FinCEN Beneficial Owner Information Report Requires Street Address of Principal Place of Business
Kozusko Harris Duncan
As families and their advisers begin to prepare for U.S. entities in their succession planning structures to comply with the Corporate Transparency Act (CTA), consideration should be given to U.S.