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The Corporate Transparency Act

The Corporate Transparency Act (“CTA”), enacted in 2021, goes into effect on January 1, 2024. The CTA was enacted to combat illicit activity, such as tax fraud, money laundering and financing of terrorist activities.  Most entities and closely held businesses organized or operating in the United States will be required to file information about the entity and the individuals...

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Recent Wisconsin Supreme Court Decision Creates Additional Post-Holiday Hurdles and Headaches for Taxpayers

As the end of the year quickly approaches, for those challenging their property taxes in Wisconsin, it brings about a bevy of deadlines and procedural entanglements.   A recent decision issued by the Wisconsin Supreme Court in Saint John’s Cmtys. v. City of Milwaukee, 2022 WI 69 (Wis. 2022), has done nothing to make that easier for taxpayers or...

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What to Do When Your Business Has Been Served with a Lawsuit?

When another party serves your business with a lawsuit, it can be a stressful and overwhelming experience. However, it is essential to remain calm and take immediate action to protect your business’s financial interests. Here are the key steps your business should consider taking if you find yourself in this situation in Wisconsin: Contact an Experienced Milwaukee Business or...

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What Should You Do When You Receive a Reservation of Rights Letter?

Many businesses and individual insurance policyholders are targets of civil claims each year for a variety of reasons.  Policyholders are often faced with allegations of negligence or intentional acts, mistakes made by employees, defective work products or other sorts of property damage.   In those cases, if that business or individual has insurance coverage, then they can tender that claim...

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How To Claim Abandoned Real Estate in Milwaukee

We have all heard the stories. A long-lost aunt or uncle dies with no heirs, and their mansion and riches sit abandoned, waiting only for some distant relative to claim them. Unfortunately, fantastical claims like this have little connection to reality. While the Wisconsin Department of Revenue (DOR) holds over $600 million in unclaimed property, real estate is not...

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Wisconsin Enacts New Limited Liability Company Laws

Wisconsin recently enacted new laws for LLCs, which will take effect January 1, 2023. The updated laws are intended to modernize Wisconsin’s business entity laws, harmonizing them with each other and making Wisconsin a more attractive place to do business. Businesses and holding companies operating as Wisconsin LLCs should pay very close attention to these changes, a few of...

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How Do You Prove Breach of Contract in Wisconsin?

Wisconsin business owners know that honoring contracts is the bedrock of doing business. Whether you need a solid understanding of contract law to help run your business or need to understand how you can prove breach of contract after a deal goes bad, the team at Mallery s.c. can help. In this post, we will explain the basics of...

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Are Supply Chain Issues Force Majeure?

With the United States and the rest of the globe experiencing economic downturns, many distributors and suppliers are questioning whether they can perform under their existing contracts. Likewise, consumers are wondering if they’ll receive what they purchased online. Supply chain issues are rampant, affecting the availability of infant formula, cat food, and any number of products and services.  Force...

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Essential Elements of a Strong Arbitration Agreement in Wisconsin

Most business enterprises operate on a foundation of contracts. Vendor agreements, employment agreements, stockholder contracts, commercial deals, and more create a complex network of features that comprise and support the business. With each contract, the potential for growth and disputes are ever-present. While business owners can’t eliminate the possibility for conflict to arise, smart entrepreneurs can take steps to...

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