When two business partners, employees or business owners in New York can't seem to agree on something, the disagreements can lead to drawn-out and expensive court battles. Alternative Dispute Resolution (ADR) methods provide a way for businesses to settle their...
There are many ways to structure a business in New York. You can form a sole proprietorship, S-corp, C-corp, or LLC. The form that your company takes should be a reflection of the goals you have in mind for it. You need to decide if you wish to cater to the members...
Any institute under Federal Deposit Insurance Corporation supervision considering engaging in a crypto-related activity needs to notify the FDIC. Institutes need to explain their intent by giving information to the FDIC in Massapequa, New York. The FDIC wants open...
You can start a business as an LLC in New York or restructure your sole proprietorship as one. This is helpful because it separates you, the owner, from liabilities such as lawsuits and debts that your company can accrue over time. If you're interested in forming an...
Are you planning to grow or expand your business in New York? You may be thinking about doing business in another state entirely. If this is the case, you will need to look into whether or not you need a foreign qualification. Here is a quick look at the kind of...
New York is one of the world's capitals for finance, so it is a hot spot for special purpose acquisition companies, or SPACs. A SPACs is an innovative way to execute mergers and acquisitions that is blended with an IPO. SPACs Taking a company public is a crucial step...
Some of the most business difficult maneuvers to pull in New York are mergers and acquisitions. You need to make sure the other company's culture is compatible with yours, sort out the leadership structure and hope that the merger is actually the best thing for you....
There are certain types of taxes to pay during and after a successful merger or acquisition in New York. The amount of taxes that must be paid has a significant impact on the merger's outcome. A taxable merger A taxable merger requires that either or both sides pay...
Americans now have to catalog the various foreign taxes and decide themselves if a foreign tax credit, or FTC, is available for their situation. The new regulations limit the creditability of particular extraterritorial taxes for people in New York and other states....
Before a sale transaction takes place, due diligence confirms all relevant facts and financial information through the process of verification, audit or investigation of a potential investment opportunity or deal. Due process is important during a mergers and...