The Corporate Transparency Act (CTA) has introduced a significant new requirement for businesses: the Beneficial Ownership Information Report (BOIR). This must be submitted before 2025 or you can incur unnecessary fees and fines.
Plan For The Road Ahead
LLC
The Critical Role of Annual Meetings for LLCs
By planning and executing successful annual meetings, LLCs can enhance communication, transparency, and decision-making, driving overall business success.
Frequently Asked Questions (FAQs) About LLCs
As Arizona business law attorneys, we often help entrepreneurs who are looking to start a new business. Read along to discover some of these FAQs and our answers.
How to Start a Limited Liability Company (LLC) in Arizona
Starting and running your own business is a dream that many people have but it is hard to know where to start. The good news is that starting a Limited Liability Company (LLC) in Arizona, especially in cities like Scottsdale, Peoria, or Phoenix, as well as the wider...
How to Open a Bank Account for Your Arizona LLC
Congratulations on forming your LLC in Arizona! Now it’s time to establish a dedicated bank account to keep your business finances separate from your personal finances. This guide will walk you through the steps of opening an LLC bank account in Arizona, with some specific tips for Bank of America, Chase, and Wells Fargo.
Why Every Single-Member LLC Needs an Operating Agreement
You’ve taken the smart step of forming a single-member LLC in Arizona. To truly solidify your LLC’s legitimacy and safeguard your personal assets, you need an operating agreement. While some may think an operating agreement is unnecessary for a solo venture, this couldn’t be further from the truth. Here’s why every Arizona single-member LLC should have one:
The Importance of Annual Meetings for LLCs
Annual meetings are formal gatherings of the members of an LLC. They are a time for members to review the past year’s business, make decisions about the future of the LLC, and elect new members to the LLC’s management team. This blog discusses reasons these meetings will be offer extra protection for you and your business
Getting Ready for Beneficial Ownership Information Reports
Business owners, it’s time to get ready for the new Beneficial Ownership Information (BOI) reporting requirements coming in 2024! Starting January 1, 2024, many corporations and LLCs will have to submit a BOI report.
The Importance of an Operating Agreement for LLCs Among Loved Ones
Navigating business with loved ones? Learn why operating agreements are your secret weapon! Prevent conflicts, set clear expectations, and ensure success for your business and your relationships.
Why You Should Hold Rental Properties in an LLC
Safeguard your investment properties and gain asset protection by forming an LLC for your rental properties.