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Update: Corporate Transparency Act
We are just over 60 days out from 2025. If you formed an entity in 2023 or earlier, it's time to contact your business attorney.
Garrett A. Heckman
Sep 28, 20244 min read
Not a Veil, but a Window – California's SB 1201
The formation of an LLC or corporation creates a limited liability shield around the entity's constituents (e.g., directors, members,...
Garrett A. Heckman
Jul 21, 20244 min read
FinCEN Proposes Lengthening Reporting Period to 90 Days
In September 2023, the Financial Crimes Enforcement Network ("FinCEN") proposed amending its reporting requirements under the Corporate...
Garrett A. Heckman
Nov 20, 20231 min read
Is an Operating Agreement Legally Required?
In both Texas and California (and, likely, in all states), you ought to have an operating/company agreement. In California, you have one if you have an LLC, it's just a matter of what the terms are and who interprets them. In Texas, it is not required by law.
Garrett A. Heckman
Jun 10, 20233 min read
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