If your New York business has received a letter from the IRS informing you of a looming business audit, you might feel a few pangs of anxiety, even if you filed your tax return timely and accurately. However, preparation is vital to getting through the audit, and the...
Month: January 2023
Unlocking value through synergies in mergers & acquisitions
In the New York financial arena, synergies from mergers and acquisitions generally refer to the potential additional revenue and reduced costs that result from combining two companies. This type of transaction usually happens because the value and performance of the...
New York’s banking and finance law addresses cryptocurrency
New York’s financial regulator has released guidance for banks regarding handling cryptocurrencies. The guidelines, issued by the New York Department of Financial Services (NYDFS), are intended to assist banks in navigating the rapidly evolving landscape of digital...