When you're interested in creating a business in New York, you might not be sure how to structure it. With all of the different types of business formations that you could choose, including S corps, LLCs, partnerships, sole proprietorships, and corporations, it can be...
Business owners in New York face legal difficulties of all different kinds. There are many reasons why a business owner may require the services of an attorney. Most companies require a lot of legal services to stay in operation. Common business legal issues A...
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...
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 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...
When one company purchases another in New York, the shareholders oftentimes have cause to celebrate. This is because the offered price is usually at a premium to the fair market value of the business. However, some people who hold call options might not look so...
You need to thoroughly understand what you are reading before you sign a commercial real estate lease in New York. Many of the items in the agreement may be unfamiliar to you and can result in committing yourself to an unfair or lopsided agreement. Unfamiliarity with...
A limited liability company (LLC) is a business structure in New York that protects business owners from personal financial liability. This is accomplished by separating the business and personal assets of the business owners. To maintain this separation, it is...
If you have your values in order, the rest tends to fall into place. By basing your business succession in New York primarily on a few key value-related considerations, you'll make conditions ideal for the most positive outcome from the transition. Having a successful...
The Consumer Financial Protection Bureau (CFPB) provides federal protection for consumers involved with financial institutions. The goal of the CFPB involves making consumer markets more effective by upholding the laws governing them. Congress grants the CFPB the...