When business owners seek to dissolve their entities in an orderly fashion, they may find that the process will take much longer, and cost much more, than they thought. Consider the following... Dissolution, then and for now... Most New Jersey business...
Corporate Transparency Act On January 1, 2021, Congress enacted the federal Corporate Transparency Act ("CTA"). In general, the CTA requires existing and new corporate entities, including limited liability companies ("LLCs"), to submit to the United States Department of Treasury...
Typically, a corporation's owners, managers and employees are not personally liable for the debts and obligations of the company. As with every rule, there are exceptions to the corporate liability shield rule. One such exception is known as "piercing...
Very often, liability can be reduced or the financial and operational goals of business owners can be better achieved by changing a company’s legal structure, e.g., general partnership (GP) to limited liability partnership (LLP), for-profit corporation to non-profit corporation,...
CHOOSING A NAME FOR YOUR BUSINESS OR PRACTICE is an important matter. A business name can serve to inform potential customers or clients as to what goods or services you offer. With time, a business name will impart to...