A breach of contract occurs when one party fails to fulfill the obligations outlined in a contract. This could be anything from not delivering goods on time to failing to pay for services rendered. When this happens, the injured party often has the right to seek legal remedies such as damages or specific performance.

We know that running a business in Overland Park, Kansas, and the broader Kansas City, MO area, including Johnson County KS, Olathe, KS, Leawood, KS, and Shawnee, KS, carries its fair share of risks. The threat of potential legal battles and financial losses caused by accidents or oversights can be daunting.

There's a piece of legislation that's making waves in the business world: The Corporate Transparency Act (CTA). This act was enacted as part of the Anti-Money Laundering Act of 2020, included in the National Defense Authorization Act for Fiscal Year 2021.