The Corporate Transparency Act (CTA) is a law enacted in 2021 as part of the Anti-Money Laundering Act of 2020. It aims to enhance transparency in the ownership of businesses by requiring certain entities to report their beneficial ownership information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Key objectives of ..read more

COVID-19 Consumer Protection Act of the 2021 Consolidated Appropriations Act LINK: https://www.congress.gov/116/bills/hr133/BILLS-116hr133enr.pdf For the duration of the COVID-19 public health emergency declared pursuant to section 319 of the Public Health Service Act (42 U.S.C. 247d), this Act makes it unlawful under Section 5 of the Federal Trade Commission Act for any person, partnership, or corporation ..read more

As we all read in the news, data breaches seem to occur every day. Ohio has become the first state in the Union to create a “Safe Harbor” for businesses against tort claims if a data breach does occur. The Data Protection Act changes Ohio law so that businesses that take reasonable precautions and meet ..read more

When most people hear of a Data Breach they think of some bad actor on the Internet using sophisticated software to infiltrate online computers. Like Facebook’s recent data breach, these get a lot of press and big Headlines. However, in reality, these big news stories are only about 25% of the data breaches that occur ..read more

Last Friday, June 22, 2018, the U.S. Supreme Court in the case of South Dakota v. Wayfair overturned its decision in the “Quill” case requiring a physical presence in the state before the need to collect sales tax. Now states can require the collection of sales tax by any entity and e-commerce site that sells ..read more

If you have an E-Commerce site, there will be many layers of taxes of which you should be aware. Luckily, the U.S. tax code provides many deductions and credits which you can use to offset your gains. Not all taxes discussed below will apply to every site. 1. Federal Income Taxes – If you run ..read more

If your website has a DMCA notice it creates a safe harbor against copyright infringement suits providing that copy or photographs are posted at the direction of a user. Recently, in the case of Mavrix Photographs LLC V. Livejournal Inc, the court ruled that it was a question of fact for a jury to decide ..read more

2017 has become the year of taxing fantasy sports for both the operators of the games, and the players by state governments. As state governments are looking to balance their budgets, they have looked to taxing fantasy sports. About two-thirds of the states have passed legislation so far, some taxing the players, some taxing the ..read more

FTC Staff Reminds Influencers and Brands to Clearly Disclose Relationship Commission aims to improve disclosures in social media endorsements FOR RELEASE April 19, 2017 After reviewing numerous Instagram posts by celebrities, athletes, and other influencers, Federal Trade Commission staff recently sent out more than 90 letters reminding influencers and marketers that influencers should clearly and ..read more

When I hear from clients that a negative review about them has been posted their first reaction is to try and get it taken down. I respond that this is an arduous task, and before we tackle that process, there is an immediate first step to take. Most review sites allow for comments. I suggest ..read more