Congress expressed a growing concern that bad actors are using shell or front companies to hide their identities to illicitly move money within our financial system. To combat this concern, Congress enacted the Corporate Transparency Act (CTA) […]
A recent study found up to 30% of workers in America are misclassified by businesses as independent contractors. Misclassifying an employee as a contractor can have severe legal and financial consequences for a business, including $1,000 per misclassified employee, wage claims, and, in serious instances, even prison time. The U.S. Dept. […]
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