MSN Law Office

Client Alert: Corporate Transparency Act Compliance

Corporate Transparency Act Compliance Columbus, Ohio

The Corporate Transparency Act (CTA), which aims to combat money laundering, tax fraud, the financing of terrorism, and other illicit activity through the use of anonymous shell and front companies, has officially gone into effect. This new requirement affects nearly all of our clients by requiring “reporting companies” to report beneficial ownership information (BOI) to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). New business entities will also have to disclose information about who created the entity or registered it to do business in the U.S. 

Navigating the Legal Potholes of Small Business

Navigating Legal Potholes Small Business Columbus, OH

Shay joins Ashley Cox’s podcast, The Ripple Effect, to discuss the legal potholes of small businesses. 
Excerpt: We discussed the complexities of employment laws, where Shay emphasized the importance of having legal support to help you protect your business from potential lawsuits and reputation damage. 

FTC Proposes Rule Banning Noncompete Agreements

FTC Proposes Rule Banning Noncompete Agreements

We’re currently monitoring the Federal Trade Commission’s proposed rule that would ban the use of noncompete agreements with workers nationwide, including with independent contractors. If the rule becomes final, existing noncompete agreements will have to be rescinded within 180 days, and employers will have to send individual notices to their current and former workers that the […]