In prior blogs, I wrote about the federal Corporate Transparency Act (“CTA”) passed on January 1, 2021. Implementation of certain aspects of the CTA were deferred until the United States Department of Treasury could pass rules that clarify the...
Compared to corporation shareholders, members (i.e., “owners”) of limited liability companies (“LLCs”) are entitled to extensive information about their company. Consider the following... By comparison… In a prior e-newsletter, I discussed shareholder rights to information about their company. In short, New...
Nature of Professional Practices… Personal services that require a license are commonly referred to as “professional services.” The types of personal services that are deemed to be “professional services” include, for example, those rendered by attorneys, certified public accountants, architects,...
The Corporate Transparency Act... In prior newsletters, I alerted readers that a recently enacted federal law, the Corporate Transparency Act (“CTA”), will require most existing and new corporate entities (e.g., corporations, limited liability companies, etc.) to submit to the United...
A new law makes conducting and attending New Jersey business corporation shareholder meetings even easier. Consider the following… The evolving rule… New Jersey business corporations (i.e., for-profit corporations) are required to conduct at least one shareholder meeting per year. For many...