Articles
BOIs Halted Again – 5th Circuit Reverses Itself on Dec 27, 2024
Learn about the 5th Circuit Court of Appeals’ ruling halting the BOI reporting requirement for LLCs and corporations. Find out how this impacts small businesses and what to expect next in the case of Texas Top Cop Shop, Inc. v. Garland.
BOI’s Reinstated by Federal Appeals Court – New Deadline Jan 13, 2025
Learn about the updated BOI filing requirements for LLCs and corporations after the federal appeals court ruling. New deadline extended to January 13, 2025. Find out who must file, exceptions, and how to comply.
FinCEN BOI Requirement Ruled Unconstitutional
Learn about the recent federal court ruling that declared the FinCEN BOI filing requirement unconstitutional, impacting LLCs and corporations nationwide. Understand the implications, legal updates, and what it means for existing and future filings.
Corporate Transparency Act Ruled Unconstitutional
Breaking News: Federal Judge Strikes Down Corporate Transparency Act! Get the scoop on how this impacts LLCs and corporations. Plus, key compliance deadlines and what it means for you!
DISSOLUTION OF LLCs TO AVOID FINCEN BOI REPORT AND ASSET PROTECTION CONSIDERATION
The new federal BOI reporting requirement has prompted an increase in dissolutions as business owners and investors are cleaning out entities they no longer use so that they will not have to complete the new BOI filing on these entities starting in 2024....
Seller Financed Deals and Installment Sales
Seller financed deals can be a win-win strategy for buyers and seller of real estate or businesses. Seller financing means the seller of the asset, whether a business or property, agrees to take payments over time for the purchase price and as a result the seller is...
Top 3 Mistakes In Do-It-Yourself Estate Plans
The Internet has allowed families to prepare basic estate planning documents from documents online and at affordable prices. However, the increase in affordability and convenience found on the web has created a false sense of security and inadequate planning that has...
IRA/LLCs – IRA Ownership of LLCs
My article on IRA/LLCs for self-directed IRA investors was published by the California Lawyers Association, Section on Business Law, eBulletin. In the article I outline the benefits of an IRA/LLC, how to properly set-up an IRA/LLC, how the documents need to be...
Huge Changes to IRAs and 401(k)s in New Budget Law that Affects Everyone
The Omnibus budget bill signed into law today, December 27, 2022, has significant changes that will affect everyone saving for retirement. From more Roth options, improvements on required minimum distributions, and increases to contribution amounts, IRA and...
Self-Directed IRA Versus Solo 401(k)
Many self-directed investors have the option of choosing between a self-directed IRA or a self-directed solo 401k. Both accounts can be self-directed so that you can invest in any investment allowed by law such as real estate, LLCs, precious metals, or private company...
