Corporate Transparency Act regulations will go into effect soon and will affect almost all startup companies

Presently, forming a corporation, LLC or other entity in the U.S. can be done on a largely anonymous basis, without naming its owners and with only limited disclosures about managers, officers and directors. Under...

Most private companies in the United States will soon need to disclose sensitive ownership and control information to FinCEN, a bureau of the U.S. Treasury Department. The new reporting regime arises under the Corporate...

What you need to know : On October 4, 2023, Governor Healey signed the “Act to Improve the Commonwealth's Competitiveness, Affordability, and Equity.” The Act provides $1 billion in tax relief to residents and...

Updated 2/9/2023: The proposed rule is open to public comment for a period ending March 20, 2023. As previously reported by Verrill attorney Tawny Alvarez in the firm’s “Taking Care of HR Business” blog...

Click here to see an updated version of this article published on October 30, 2023. Presently, forming a corporation, LLC, or other entity in the U.S. can be done on a largely anonymous basis...