If you’ve made the decision to close your business, it’s important to follow the proper steps to legally dissolve it. This process, known as dissolution, begins when you file the necessary paperwork with your state. By taking this formal step, you officially terminate your LLC...
Many affluent families believe that their financial affairs are straightforward, leading to frustration over the lack of immediate access to comprehensive financial information for liquidity, budgeting, tax planning, and investment management purposes. In reality, however, many wealthy individuals have more complex financial affairs than they realize,...
Pass-through entities, including partnerships, S corporations, and LLCs, can benefit from many tax advantages due to their structure, but they also encounter distinct challenges. BDO’s 2024 Tax Strategist Survey, which polled senior tax executives about their most pressing concerns and plans for the year ahead,...
Please join us in welcoming Colleen Luzaj, who joined KRS as Controller in late 2024. In this role, she oversees all internal financial and accounting matters for the firm, including reporting to the partners. She also collaborates closely with the Managing Partner and HR on...
FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information (BOI) reports pursuant to the Corporate Transparency Act by the current deadlines....
