Authored by Attorney Kent L. Schlienger The Corporate Transparency Act and the federal regulations related to it (the “CTA”) go into effect on January 1, 2024. Under the CTA, most small businesses entities operating in the US, such as corporations and limited liability companies, and most...
Authored by: Attorney Joseph W. Boucher, Assisted by: Law Clerks Patrick O'Malley and Julijana Englander Earlier this year, Wisconsin passed a new law, Act 258, which updated every business entity statute. In particular, the chapter governing limited liability companies (“LLCs”) underwent significant changes. Below are...
Authored by Attorney Gretchen J. Burgess Going through a divorce has implications in many aspects of a person’s life, including financial position, medical decisions, considerations for loved ones, and planning for the future. It is very important to revisit your estate plan after filing for divorce...
Authored by: Attorney Joseph W. Boucher In January 2021, the US Congress passed the Corporate Transparency Act of 2020 (“CTA”) intending to prevent fraudulent actors from using business entities to launder money and hide assets. This is a federal law applicable nationwide. It empowers the US...
President Trump signed this bill Sunday December 27. The article by the Journal of Accountancy is an excellent summary....
Starting Saturday August 1st, all Wisconsin residents will be required to wear a mask or other face covering while indoors outside their home. On Thursday July 30th, Wisconsin Governor Tony Evers issued Executive Order # 82, which re-declared a public health emergency, and Emergency Order #1, which requires...
The COVID-19 pandemic continues to have a severe impact on public health and small businesses. In Wisconsin, restrictions on activities and operations have largely been left to individual counties in light of the Wisconsin Supreme Court’s May decision overturning a previous statewide Safer at Home...
There is still time for qualifying small businesses to apply for forgivable loans under the Paycheck Protection Program (“PPP”). The original deadline to apply for a PPP loan was June 30th. Just hours before the deadline, the U.S. Senate unanimously voted to extend that deadline...
INFORMATION SHEET: Reductions vs. Furloughs vs. Layoffs vs. Termination This information sheet provides a high-level summary of some of the key differences and features of various workforce strategies for employers faced with the suddenly reduced revenue streams. Federal and state governments are attempting to provide additional...
Click on chart to enlarge Tags: COVID financial resources...