The second installment in a multi-part series looking at the new Corporate Transparency Act discusses what is likely to be the first question that many companies have whenever a new law is passed – are we exempt?
...more
2/7/2023
/ CFTC ,
Corporate Transparency Act ,
Exemptions ,
FinCEN ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
Privately Held Corporations ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Smaller Reporting Companies ,
Subsidiaries ,
Tax Exempt Entities
A federal law adopted in 2021 takes effect on January 1, 2024, and imposes reporting obligations on many entities that may not be accustomed to reporting much information. This article provides a brief overview of the law,...more
Following reports that record numbers of investors in private startups are exploring selling equity before an IPO or liquidity event, it’s important to remember that secondary sales often pose issues that are not present in a...more
6/10/2022
/ Bylaws ,
Due Diligence ,
General Solicitation ,
Initial Public Offering (IPO) ,
Internal Revenue Code (IRC) ,
Investors ,
Limited Liability Company (LLC) ,
Partnerships ,
Secondary Buyouts ,
Secondary Markets ,
Shareholders' Agreements ,
Startups ,
Tax Liability