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The Corporate Transparency Act was enacted in 2021 and went into effect on January 1, 2024.  The law was intended to make it harder for bad actors to hide assets through shell companies.  Under [...]

Consulting or freelancing is becoming an increasingly popular way to earn a living.  Unlike salaried, W-2 employees, consultants or freelancers have greater control over when they work, where [...]

Corporate entities are formed for all sorts of reasons.  For example, some corporations are formed in order to purchase real estate, some businesses are formed by entrepreneurs looking for new [...]

According to the IRS, the agency handles 70,000 applications for tax-exempt status each year.  As a result of the volume of applications being submitted, it can take months for an application to [...]

In 2011 New Jersey joined the growing number of States that allow for benefit corporations.  Benefit corporations are unlike regular corporations that are created to maximize profit.  Instead, [...]