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Many U.S. businesses filed for bankruptcy last year. Through the end of the third quarter of 2024 (the latest available statistics at this writing), formal bankruptcy filings were on track to exceed the 2023 mark and the watershed year of 2020. Here's a look at what's driving the increase and how…
Are you thinking about closing your business? Rising prices, labor shortages, fluctuating demand and supply chain disruptions have caused a number of businesses to shutter in recent years. In addition, many businesses have closed because the owners wanted to retire.
Stocks and bonds, longtime centerpieces of many Americans' investment portfolios, appear to be losing popularity with some people. A 2024 Bank of America survey found that nearly three-quarters of respondents ages 21 to 43 doubt they can achieve above-average returns by investing solely in…
Below outlines a brief summary of the key rules for Charity Care Compliance, an overview of the amended Hospital Financial Assistance Law (HFAL) and the Office of the New York State Attorney General’s (OAG) role in ensuring charity care compliance.
As of November 14, 2024, enough of the pending congressional races for the U.S. House of Representatives were called in favor of the Republican Party, allowing the party to retain control of the chamber. Republicans now have won the presidency and control of both houses of Congress.
With the…
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction in Texas Top Cop Shop, Inc. v. Garland, ruling that the Corporate Transparency Act (CTA) is likely unconstitutional. This injunction prevents enforcement of the CTA and its Beneficial…