April 1, 2019
If you run your business as an entity (an LLC, a C Corporation, or a Sub Chapter S Corporation), you must abide by certain federal and state regulations. In fact, the type of business entity you operate dictates the types of documents you must keep, the fees you must pay, and the taxes for which you are liable. Therefore, if you are working to grow a best-in-class business, then you must do everything possible to stay compliant with state and federal regulations. Doing so will protect your business entity and protect you in case of litigation.