Category Archives: Uncategorized

Both profit-sharing plans and phantom equity offer ways for businesses to incentivize employees and share financial success. However, they operate differently in terms of...

When forming a business, professionals in Massachusetts often wonder whether they need a Professional Limited Liability Company (PLLC) or a standard Limited Liability Company...

Well never a dull day as we follow the cases and ongoing changes to compliance requirements for the CTA.  After the back and forth...

PLEASE check the FINCEN website for the most up to date guidance. For specific questions check the detailed FAQs on the FinCEN website. NOTE: As of...

Accredited Investors: An Overview The term "accredited investor" is commonly used in financial circles, but what does it actually mean? In essence, an accredited...

When startups seek early-stage funding, they often turn to various financial instruments to secure capital from investors. Two popular options are a Simple Agreement...

While it is not legally required to have an operating agreement for a single member LLC in many jurisdictions, it is still highly recommended...

A "capital contribution" is a contribution of money (cash), property (assets), services, or a promise to contribute one of the aforementioned in the future...

In order to obtain an EIN with the Internal Revenue Service you must elect a "responsible party".   This is one of the individuals who...

An EIN is an Employer Identification Number obtained with the IRS for business purposes.  Despite it's name you may need or want to  obtain...