What is Due Diligence? When you are buying a business you are contracting with a third party to buy either 1) the shares associated with the business; or 2) the assets of the business. In both cases, the buyer will…
Starting a business brings up many questions; some fundamental questions include what type of business entity to choose, where you want to start your business and how to go about incorporating or registering your business. Every state has its own…
What is the LLC Publication requirement? Limited Liability Companies formed in New York must publish notice of the company’s formation in two publications (one daily and one weekly) for six consecutive weeks. The notices must be posted within 120 days…
What are the Key Provisions in an Operating Agreement? A limited liability company is a business entity structure that limits your liability to the assets invested in the company. As such, if the business is ever sued, the owner or…
When you form a corporation, the last thing you are thinking about is dissolution. Regrettably though, some legal entities fail and the founders are faced with tough choices. These choices become tougher when the founders had previously convinced friends and…
In addition to the regular business start-up issues, foreign nationals who want to start or expand their businesses in America often find themselves trying to navigate the complicated regulatory scheme that includes immigration law, dealing with the SEC when raising…
When deciding on which business entity to select, a corporation is almost always one of the options considered. The primary reason is a Corporation solves the problem of potentially losing your personal assets by separating the individual and the business…
The amount of taxes that you have to pay is one of the key reasons that individuals select one business entity type over another. The term “tax” though is a bit too general for a business as “tax” could refer…
As a Certified Public Accountant (C.P.A.) and Attorney, I have had my share of questions from clients regarding which type of entity a person should set up if they want to start a business. Moreover, as this is a complicated area,…
This Article was featured and published by the New York State Bar Association. Read the article on the New York State Bar Association Website by clicking here. As a Certified Public Accountant (C.P.A.) and Attorney, I have had my share…
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