Business Law Archives |

20MarMarch 20, 2024

The Corporate Transparency Act: What You Need to Know

The Corporate Transparency Act was enacted in 2021 and went into effect on January 1, 2024. The law was intended to make it harder for bad actors to hide assets through shell companies. Under the law, companies must report to the US Treasury’s...

17AprApril 17, 2016

Consulting in New Jersey: What you need to know?

Consulting or freelancing is becoming an increasingly popular way to earn a living. Unlike salaried, W-2 employees, consultants or freelancers have greater control over when they work, where they work and who they work for. If you are considering either working as...

12JanJanuary 12, 2016

Starting a Business in New Jersey: What You Need to Know

Corporate entities are formed for all sorts of reasons. For example, some corporations are formed in order to purchase real estate, some businesses are formed by entrepreneurs looking for new business opportunities and some corporations are formed to fulfill lifelong dreams, such as the opening...

12JanJanuary 12, 2015

Filing for 501(c)(3) Status Just Got Easier

According to the IRS, the agency handles 70,000 applications for tax-exempt status each year. As a result of the volume of applications being submitted, it can take months for an application to be reviewed by an examiner. For many non-profits who...

22DecDecember 22, 2014

New Jersey Benefit Corporations: When Your Business Seeks More Than Profit

In 2011 New Jersey joined the growing number of States that allow for benefit corporations. Benefit corporations are unlike regular corporations that are created to maximize profit. Instead, benefit corporations are formed to allow the business to consider profit as well as society and the...