12.13.2023Important Reporting Update for all LLC Owners – Corporate Transparency Act Goes into Effect January 1, 2024One of the main reasons that clients choose to form a limited liability company (LLC) is to protect themselves and their assets from the debts and liabilities that come with owning a business. Forming an LLC means that only the LLC can be held accountable for the debts and liabilities incurred by the business, thereby shielding the owners and managers from personal liability.
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