What You Need to Know About Operating Agreements for Pass-Through Entities
The Trump Administration’s proposed tax bill, which features a 25% tax on pass-through income, has called public attention to pass-through entities. Limited... Read More
5 Things to Look for When Selling or Purchasing a Business
No matter what type of business you are purchasing or selling, it is critical that the contract of sale be properly drafted.... Read More
Am I Allowed to Rent my Apartment on Airbnb?
Airbnb has exploded in popularity in New York City. Tenants have embraced the apartment sharing service as a means of easing the... Read More
Getting a Loan for an LLC: Pledging a Membership Interest
Today, businesses are increasingly choosing to be organized as limited liability companies (LLCs). Consequently, business lenders often require, before granting a loan,... Read More
How Your Business Structure Can Affect Your Taxes: LLCs and S-Corps
In a previous blog post, we noted that limited liability companies and S-corporations possess two important similarities: (1) they are “pass through”... Read More
What Business Structure Should You Choose?
by Daniel Reichelscheimer (Associate) and Timothy Nolen (Senior Associate) In starting a business, one of the most important choices the owner must... Read More
May an Employee be Terminated for Certified Use of Marijuana?
By Daniel Reichelscheimer (Junior Associate) and Gregory J. Ryan (Senior Partner) In 2014, Gov. Andrew Cuomo signed into law the Compassionate Care... Read More