Taylor Legal Blog

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{4 minutes to read}  Are you a shareholder of a corporation just realizing that your corporate documents are out of date or not current? In this article, I'm going to explain to you how you can figure that out and what to do if your corporate documents are out of date.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of a corporation, just realizing or maybe having realized a while back that your corporate governing documents are out of date?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...

{2.5 minutes to read}  Hi there. If you own or manage a business and do not know who is considered a Beneficial Owner for reporting those people and their information to the Federal agency under the Corporate Transparency Act (CTA), you are not alone. I'm Katherine Taylor, the lawyer for business...

Introduction Copyright law is a cornerstone of intellectual property law, shaping the way creators protect and monetize their works. With each passing year, new technologies, case law, and new laws and regulations bring about changes in copyright regulation. Over the past year, technology has pl...

{4 minutes to read}  The Corporate Transparency Act (CTA) is the federal law that went into effect on January 1, 2024, requiring virtually every small business in the United States to file certain information with a government agency, FinCEN. In this article, I explain when, as a company owner, ...

{3 minutes to read}  Are you wondering if your business is required to comply with the Corporate Transparency Act (CTA) that went into effect on January 1, 2024? This is one part of a series of videos I'm recording to explain the various components of the Corporate Transparency Act. In this vide...

{4 minutes to read}  This is Part 2 of my Corporate Transparency Act series. In Part 1, I explained that the Corporate Transparency Act requires Reporting Companies to submit information to FinCEN about Beneficial Owners of the company and Company Applicants. In Part 2, I'm going to explain what...

{4 minutes to read} Are you a business owner wondering whether, now that January 1, 2024, has come and gone, you will have to comply with the Corporate Transparency Act? My name is Katherine Taylor, and I'm the lawyer for business owners. In this video, I'm going to let you know the three groups ...

Many neighborhoods or communities in Maryland have associations that help with things like overseeing common areas, enforcing rules or policies, or addressing various issues related to shared ownership or living. These community associations have their own rules and laws by which they must abide....

Commercial contract law in Maryland governs the formation, performance, and enforcement of contracts between businesses. A contract is a legally binding agreement between two or more parties that creates an obligation to do or refrain from doing a particular thing. If not undertaken, drafted, rev...

Intellectual property is critical in today's competitive market, and yet advancements in this digital age make it easier than ever to violate intellectual property rights. That's especially true for anything you write or produce. Whether as an individual or an entity – your written creations risk...

Legal problems in Maryland lead to setbacks, and the threat of litigation only worsens the situation. Litigation is costly and time-consuming, leaving the outcome of the case entirely in the hands of a judge or jury. Fortunately, litigation can be avoided when negotiations are conducted – particu...

Intellectual property is critical in today's competitive market, and yet advancements in this digital age make it easier than ever to violate intellectual property rights. That's especially true for anything you write or produce. Whether as an individual or an entity – your written creations risk...

{2 minutes to read}   Are you a business owner wondering how to comply with the Corporate Transparency Act come January 1, 2024? If so, I'm going to provide you with a couple of updates recently issued by the Financial Crimes Enforcement Network (FinCEN), the government agency charged with enforc...

{2 minutes to read}  Are you a future business owner or even a current business owner looking to purchase a franchise? I'm Katherine Taylor, the lawyer for business owners, and I recommend three items that you should initially look for when you start down the road to eventually purchasing a franc...