If you own an LLC, corporation, or nonprofit organization, your state likely requires your business to file an annual report, even if nothing about the business has changed during the year. Although it is a routine compliance requirement, it is also one of the most commonly overlooked. Missing an annual report deadline can result in…

The past year has been a period of significant change for U.S. trade policy. A wide-ranging set of tariffs was put in place in 2025, several major court rulings have since reshaped which of those tariffs remain in effect, and a refund process is now underway for businesses that paid duties that were later struck…

New Retirement Savings Requirement for Employers New York State enacted legislation in 2021 establishing the Secure Choice Savings Program, a state-facilitated retirement savings requirement for certain private-sector employers. After several years of development, the program is now moving into full implementation, with mandatory compliance deadlines beginning in 2026. Since late 2025, the State has begun…

Under the Corporate Transparency Act, entities exempt from beneficial ownership reporting include government bodies, banks, credit unions, publicly traded companies, and certain tax-exempt organizations. This article outlines who is exempt from beneficial ownership reporting and the specific criteria they must meet. Key Takeaways The Corporate Transparency Act mandates beneficial ownership reporting to increase transparency and…