Corporate Transparency Act (CTA) Checklist – Six Steps for Businesses
The Corporate Transparency Act (CTA) is a sweeping new federal law aimed to combat money laundering, tax fraud, and other illicit activities by mandating the disclosure of certain information related to the beneficial owners and controllers of most U.S. domestic entities and certain non-U.S. entities doing business in the United States. All applicable “reporting companies” […]
Is Taylor Swift’s carbon footprint tax deductible?: FAQs about business environmental tax deductions
Amidst the NFL’s 2024 “big game” event, Taylor Swift’s carbon emissions were under scrutiny for flying her private jet from working in Japan to Las Vegas to see Travis Kelce play. In short, her travels raised attention and concerns about how her business and personal travel impacted the environment, let alone were taxed. From a […]
Corporate Transparency Act FAQs: What Businesses Need to Know
Note: The information provided here is current as of March 1, 2024. However, details surrounding the Corporate Transparency Act (CTA) are still evolving. We will continue to update this blog with new information and resources as they become available. On January 1, 2024, The Corporate Transparency Act (TCA) went into effect, impacting millions of U.S. […]
Corporate Transparency Act FAQs: What Businesses Need to Know
Note: The information provided here is current as of January 2, 2024. However, details surrounding the Corporate Transparency Act (CTA) are still evolving. We will continue to update this blog with new information and resources as they become available. On January 1, 2024, the Corporate Transparency Act (CTA) went into effect, impacting millions of U.S. and foreign […]
Elizabeth M. Wortman
ASSOCIATE
Don’t Waver on Your Business Waivers
Adventure tourism. Trampoline park birthday parties. A neighborhood gym or commercial landlord. These are examples of businesses that are likely to ask patrons to sign a waiver before visiting or using their facilities.
FLB Welcomes Alexandra Rozzi, Expands Taxation Practice
AlexandraM. Rozzi has joined Fitzpatrick Lentz & Bubba’s Corporate, Business & Banking practice group, focusing on Taxation. Her focus will be assisting clients with various business, transactional and tax matters, and providing tax analyses with respect to mergers, acquisitions, entity structuring and other matters faced by clients. “We are thrilled to have Ally join our […]
From Side Hustle to LLC Formation
A recent survey shows 44% of Americans have a side hustle. Perhaps you mow lawns on the weekends or sell baked goods for extra cash. Or maybe you are a freelance blogger or sell jewelry on Etsy. Whether you’re selling services or products directly, it may make sense for you to form your own business […]
Tim Charlesworth’s Decade of Teaching at ESDES France
FLB Shareholder Tim Charlesworth just completed his 10th year of teaching at the ESDES Lyon Business School at the Catholic University of Lyon, France (Université Catholique de Lyon – UCLy). The school enjoys an affiliation with DeSales University in Center Valley, PA. Tim’s intensive, one-week International Business Law course combines legal principles with real-world examples […]
Forming a Nonprofit: Six Things to Know
So you want to start a nonprofit? Many people are inspired to start a charity – whether in honor of a loved one, to benefit an underserved part of the community, or to run parallel to a for-profit business already in place.