Many small businesses are required to report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act by January 1, 2025. Non-compliance can lead to fines up to $500/day and criminal penalties, including imprisonment. For companies formed before January 1, 2024, the BOI filing deadline is January 1, […]
Widerman Malek Law Blog
Small Business Administration Loans and Assistance – We Are Here to Help You!
First and foremost, we hope you and those close to you are safe and healthy during these unprecedented times. As a client of Widerman Malek, we are always looking out for your best interest. We have received countless calls and emails about the recently enacted SBA stimulus programs. There is a lot of confusion and […]
The One Thing You Can’t Do When Protecting Your Assets
By Charles P. Castellon, Esq. (c) 2018 all rights reserved. The concept of asset protection is largely misunderstood. There are many bad things that can happen to good people. These events often lead to attempts to take away what we work hard to acquire. An important and effective habit is to consider all the “what […]