Author: Tamara Pow

The BOIR requirement has been canceled for domestic businesses FinCEN announced on February 27, 2025, that it will pause enforcement actions and not issue fines or penalties against companies for failing to file or update beneficial ownership information reports (“BOIR”s): FinCEN Not Issuing Fines...

Giving to charities has been a pillar of American philanthropy, supporting communities and causes all around the world. But the IRS now warns of a concerning trend: an increase in scams that use fake charitable contribution schemes to target taxpayers. These frauds harm taxpayers’...

The tax law will keep changing as the year progresses. One important change so far is the addition of IRS Form 15620, which will make 83(b) election filing easier. Early-stage workers, business entrepreneurs, and those negotiating equity pay may be impacted by this development....

  A carefully crafted partnership agreement lays the groundwork for a successful and sustainable business relationship. It defines roles, responsibilities, and expectations while providing a framework to handle disputes and unforeseen challenges. In this blog, Tamara B. Pow – Founding Partner, of Strategy Law,...

Boost Your Business: Why an LLC is a Smart Choice In today’s business landscape, many entrepreneurs are choosing the limited liability company (LLC) structure, particularly among small and mid-sized enterprises. The LLC offers a compelling combination of liability protection, operational flexibility, and tax advantages,...