by Kathryn E. Diehm | Aug 29, 2023 | News and Opinion
The Corporate Transparency Act (CTA) was enacted as part of the Defense Reauthorization Act in late 2021. The CTA’s purpose is to help prevent and combat money laundering, terrorist financing, tax fraud, corruption and other criminal activity. The CTA intends to meet...
by Kathryn E. Diehm | Feb 21, 2023 | News and Opinion
Have you been asked to serve on the board of a local nonprofit organization? Chances are you have a history of volunteering with or donating to this organization and already know its mission. But moving into a board position does bring some legal duties, and most...
by Kathryn E. Diehm | Jan 31, 2019 | Uncategorized
Why Uncomfortable Conversations Now Lead to Better Outcomes Down the Road Congratulations! You and a friend or family member have decided to start a business. Now what? Before you set up shop, it’s important to talk through everything that could go wrong. One of the...
by Kathryn E. Diehm | Aug 7, 2017 | Uncategorized
If you have a small business, you may be aware that the State of Connecticut recently updated its rules governing how LLCs operate (the “New CT LLC Act,” effective July 1)—and you may be wondering how, specifically, these changes will impact you and your business. The...
by Kathryn E. Diehm | Dec 16, 2015 | News and Opinion
In mid-2014 the IRS premiered a short-form version of the application for new charities applying for 501(c)(3) tax-exempt status. The new application is a mere three pages long (as opposed to the full 31 page application) and will apply to nearly 70 percent of all new...
