We have clients at our law firm in New York operating non-profit businesses in New York that require advice on IRS 501(c)(3) vs. IRS 501(c)(4) organizations. We hope this and a few other articles we have will be useful for the reader. Whether your New York nonprofit should apply for tax
Continue readingCategory: NY Small Business
Protecting your Intellectual Property in New York: NY IP Law Basics
All businesses, including New York businesses, must take steps to protect their trademarks, brands and other IP. Our international lawyers work throughout Asia and North America and have seen too many issues because of not implementing an IP Protection Strategy, not registering IP, not understanding the domestic value of IP
Continue readingNY Small Business Expo Expands Horizons & New York Contacts
The Jacob Javits Convention Center had a great expo – NY Small Business Expo. Whether your business is in the startup phase or is long-established, the Small Business Expo is a one-day free exhibition that features many exhibitors with a diverse range of resources. The Expo is nation’s largest business-to-business
Continue readingA Good Business Plan May Turn your New York Startup Into Dollars
Recently, we wrote about the two main tools available to small businesses to stir interest in and investment in your business – the business plan and the private placement memorandum. While this blog is, mainly, for New York businesses, the following article can apply to business throughout the world. A
Continue readingNew York Business Plans or Private Placement Memorandum? An Introduction
(Editor’s Note – This introductory article is the first in a series of blog posts that will explore how small businesses in New York can look to grow through outside investment. While these articles are instructive in nature, we always urge that you consult an attorney before making any decisions!
Continue readingNew York S Corp vs. LLC Basics: Choosing your Corporate Entity in New York
Many of our New York law firm clients considering establishing a business entity in New York, often, are conflicted whether they should choose to establish a New York S Corporation (“S Corp”) or a New York limited liability company (“LLC”). Choosing whether to establish as a New York S Corporation
Continue readingNew York Partnership & Joint Venture Due Diligence Checklist
We, regretfully, see too many New York, New Jersey and Connecticut companies entering into business relationships with foreign nationals & corporations with little foresight. Often cultural and divergent business ethics leads to immediate issues. The following Merger & Acquisition Due Diligence Checklist is intended as a guide to vetting a prospective
Continue readingProtect your NY Business From Fraud
It’s no secret that small businesses have a higher fraud rate of employees being prosecuted for fraud and being the victim of fraud than larger companies and non-business owners. That is because they are the most susceptible to attacks due to their failure to take time to implement measures and
Continue readingNew York Small Business Taxes
Here are the basics of New York Business Taxes applicable to small businesses doing business in New York. Please New York sole proprietorships do not pay any corporation franchise taxes or filing fees. The sole proprietor shall, only, pay state and federal personal income tax individually. New York partnerships are
Continue reading
You must be logged in to post a comment.