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Posts from December 2014.
By Robin Friedman on December 31, 2014

All businesses are required to pay taxes and keep accounting records year by year.  You automatically choose your tax year when you file the first tax return for your business.  After that, you have to get the IRS permission to change.

By Diane Tiveron on December 28, 2014

For those that own their own businesses, it is likely that the business will need to enter into a commercial lease at some time during the life of the business. It is important to have a good understanding of what the issues are at the heart of any commercial relationship.  Here is a partial list of some of the more pressing issues to consider:

By Diane Tiveron on December 25, 2014

Businesses often question how to compensate those that provide the business with services.  Clients often wonder if they can treat particular workers as independent contractors rather than employees.

By Diane Tiveron on December 22, 2014

There are essentially four types of entity choices for businesses: sole proprietorship, partnership, limited liability company (LLC), and corporation.

By Amanda Wyzykiewicz on December 17, 2014

Under the Affordable Care Act, federal government, state government, insurers, employers and individuals are all given roles to improve the availability, quality and affordability of health insurance coverage in the United States. 

By Leonard London on December 11, 2014

Many people believe that simply by incorporating a corporation or forming a limited liability company they will be entitled to exclusive use of the name.  

December 9, 2014

It is that time of the year again-when we reflect on the year that was and look forward to new beginnings.  We also resolve to be better people: help others, exercise more, eat better, stress less, save more are all popular.  But what about your business?

December 5, 2014

Absent a prenuptial agreement to the contrary, everything accumulated during a marriage, with the exception of gifts from third parties, inheritances and personal injury awards, are considered marital property; title is not controlling.   This includes all income from employment received during the marriage.  Therefore, placing these monies into an account in your individual name will result in that account being considered marital property in the event of dissolution of the marriage.

December 3, 2014

In New York State, an action for divorce is started by filing a summons and complaint in the office of the county in which either party resides.  The summons and complaint seek to alter the marital status of the parties and to have the Court determine appropriate ancillary relief, such as custody of and access to children, support for children, support for a spouse and the equitable distribution of property and debt.

By Robin Friedman on December 1, 2014

The house is much too quiet.  The last child has been dropped off at college and now you are finally free.  Free to indulge in all the things you were putting off as part of your job as a full time parent.  The laundry is now drastically reduced.  The refrigerator doesn’t need to be replenished nearly as often as before.  And you get your spouse all to yourself.

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