On February 27, 2025, FinCEN released a significant notice regarding the enforcement of Beneficial Ownership Information (BOI) filing under the Corporate Transparency Act (CTA). The agency indicated that it will not enforce fines, penalties, or enforcement against companies for failing to file or update BOI reports (BOIR) by current deadlines. What This Means for Businesses If your business qualifies for BOI reporting under Corporate …
New business owners often wonder which action items to prioritize when launching a new venture. If you recently started or are about to start a business, one of the most important steps you should take is to open a business bank account that is separate from your personal account. Opening a separate account will lay the foundation for more effective …
I am working on a video series on farm estate, business and succession planning. I would like to get a better feel for what is actually happening in this arena in agriculture. I have a quick 26 question survey on the topic and it would mean a lot to me if you would take a few minutes to answer these …
I was recently asked the following questions from a high school student. Here are my responses: What do you wish you would have known prior to pursuing college and a career in this field? One of my biggest regrets educationally is not pursuing a foreign language. I had an opportunity to stay an extra year at Texas A & M University …
I am very proud to have presented to the American Center Moscow about my path as an entrepreneur. You can learn more about my life story and road from a farm girl to farm lawyer here. There were some questions at the end of the presentation that I answered including my Top 5 Tips for Success. I also posted my …
The U.S. Trademark office states that a trademark is “a word, name, symbol, device, or any combination, use or intended to be used to identify and distinguish the good/services of one seller or provider from those of others, and to indicate the source of the goods/services.” Trademarks may either be on a mark or image. In order for something to …
