Selecting the wrong business structure for your new venture can create a range of legal and financial problems. Entrepreneurs need to understand the risks associated with each structure to avoid costly mistakes. It is important for business leaders to understand the...
Business Law
Making Sure Your Business Entity Complies With New FinCEN Reporting Requirements
Recently, the federal government enacted the Corporate Transparency Act, which is designed to combat financial crimes committed by small business owners. This Act requires certain business entities to file “beneficial ownership information reports” with the federal...
How can you protect your business during a divorce?
Going through a divorce as a business owner is incredibly stressful. It’s fair to worry about whether your spouse could get their hands on the company and become a part owner. However, there are some things you can do to protect your Indiana business. How a business...
Managing The Money: Best Practices For Small Nonprofit Organizations
Most small, nonprofit organizations tend to operate rather informally. The members of the board of directors, some who also serve as officers, are all volunteers. These volunteers dedicate substantial time towards keeping the organization functioning and working to...
Jointly Owned Real Estate: Is it the Right Option for You?
In Indiana, and most other states, jointly owned real estate between spouses is titled with rights of survivorship, meaning that upon the death of one joint owner the entire property passes directly to the survivor who now owns the entire interest. Farm and business...
Small businesses are included in the new coronavirus paid leave law. Here’s how to comply.
By: Eric N. Allen and Chandler Clark The Families First Coronavirus Response Act (“Response Act”) imposed sweeping obligations on employers whose employees are affected by COVID-19. The new legislation even expands existing requirements under the Family Medical Leave...