Are you the owner of a corporation that has lost or misplaced its governing documents—such as the original Articles of Incorporation, stock certificates, bylaws, and related records? If so, you're not alone. I'm Katherine Taylor, an attorney for business owners, and I want to explain how we can h...
{3 minutes to read} I recently met with two people who wanted to start a consulting business together, but they lived in different states. One question I answered among many was — in which state should they form an LLC? The first answer that I gave them was: You know what? It doesn't matter. Why...
Hi there, I'm Katherine Taylor, The Lawyer for Business Owners, and this, hopefully, will be my last video about the Corporate Transparency Act (CTA). So why do I say that? Well, if you've been listening to the videos all along, you'll understand that the status of the Act has been in flux....
In a couple of previous articles, I've explained the difference between a company's principal office and the resident agent. I've also explained what addresses can be used for a principal office. In this blog, I'm going to explain what a resident agent is, who can be a resident agent, and what ad...
(3 minutes to read) Are you a business owner, having ever wondered what would happen to your business if you died or became incapacitated? I'm Katherine Taylor, the lawyer for business owners, and I'm going to explain three different ways that your asset — which is the ownership interest in your...
Hey, business owners, so this is another update on the Corporate Transparency Act. You may remember the last video I did, I described that the halt of the enforcement of the Corporate Transparency Act had been reversed by the courts, thus allowing the Corporate Transparency Act to be enforced aga...
Well here I am again with another update on the Corporate Transparency Act. So what's happening now? Well, as I said in my last video, back in February and February 27th, Fin CEN issued a notice stating that it was going to be extending the deadline for all entities to file or all people to file ...
{3 minutes to read} If you're a business owner, you have probably heard about the state of the law on non-competes – non-compete clauses in employment agreements, or non-compete agreements that are documents in and of themselves. So, what do I mean by the state of the law on non-competes? Befor...
{2 minutes to read} Are you a business owner and employer confused about the state of the law regarding non-competes in your state, or the United States? If so, you're not alone. This article will briefly summarize the state of the law and give you some ideas as to how you can comply with whatev...
{4 minutes to read} In previous videos, I discussed possible addresses or locations when deciding what address the business' principal office will be when registering your business. What I stated relating to the principal office location is that if you have a brick-and-mortar location, a retail ...
{3 minutes to read} In a previous video, I explained the differences between and purposes of the resident agent and principal office for an entity registered with your state. Today, I'll be discussing which addresses can be used for your entity's principal office. In a future video, I'll cover wh...
The ongoing legal developments surrounding the Corporate Transparency Act (CTA) are confusing, but as of January 1, 2025, no business is required to file a report.
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction temporarily halting enforcement of the Corporate Transparency Act (CTA).
Introduction Historically, noncompete agreements have been a common tool for businesses to protect their trade secrets, client lists, and to retain key employees. However, using noncompete agreements has also raised concerns about restricting workers' mobility and opportunities. In April 2023, t...
{3 minutes to read} Are you forming or do you own a Maryland Corporation or LLC? Are you wondering what address you should use for your principal office and what person and address you should use for your resident agent? If so, you're not alone because those two positions or concepts frequently ...
{4 minutes to read} Are you a shareholder of a corporation just realizing that your corporate documents are out of date or not current? In this article, I'm going to explain to you how you can figure that out and what to do if your corporate documents are out of date. Corporations, but not LLCs...
Maryland is making significant strides toward workplace transparency and fairness by implementing two major laws: the Wage Range Law (effective October 1, 2024) and the Pay Statement Law (effective January 1, 2024). Here’s what Maryland employers need to know about these important changes and how they can prepare to comply.
{3 minutes to read} If you are a business owner, your business probably has a website with links at the bottom of the home page that say Terms of Use and Privacy Policy. Have you looked at the Terms of Use and Privacy Policy on your website, recently? First, what are the Terms of Use and Privac...
{3 minutes to read} Are you a shareholder, director, or officer of a corporation, just realizing or maybe having realized a while back that your corporate governing documents are out of date? If so, that could be problematic, but it's not fatal. First, a quick background — When a corporation is...
{3 minutes to read} Are you a business owner with written agreements with independent contractors or employees that include non-compete clauses? You may have heard that the Federal Trade Commission (FTC), recently issued a final rule banning non-competes. That final rule has not been published a...
If you are a Maryland-based small business, let me explain two things you may not know about. Number one, how you can save $300 per year on your annual filing requirements with the state of Maryland, and number two, how to offer employees a retirement plan option, even if your company doesn't hav...
{3 minutes to read} If you're a business owner, you may have heard that the Corporate Transparency Act was deemed unconstitutional by a Federal court in Alabama, and you're right. How does that case apply to you and your business' obligation to comply with the Corporate Transparency Act? My na...
{3 minutes to read} Hi, there. Are you a business owner who has been reading about how to comply with the Corporate Transparency Act? And have you come across the phrase, or the term — FinCEN Identifier? If so, I will explain to you what that is, how a person or entity obtains a FinCEN identifie...
{2 minutes to read} Are you a business owner preparing to comply with the Corporate Transparency Act, and ended up putting all that effort on hold because you just heard that the Act was declared unconstitutional? If so, let me explain why you should keep planning to comply with the Corporate Tr...
