How Do I Determine Whether my New York Business has Employees or Independent Contractors?

It is critical that you, the business owner, perhaps with the help of your corporate attorney, correctly determine whether the individuals providing services are employees or independent contractors.  For the most part, the employer must withhold income taxes, withhold and pay Social Security and Medicare taxes, and pay unemployment tax on wages paid to an… [Read More]

Tags: Business Checklist, Employee

Do You Need an Operating Agreement for Your Small Business LLC? Here is my LLC Operating Agreement Checklist.

As you may know, a “corporate kit” includes a pre-made form of limited liability company operating agreement.  There is no telling how complete these are and whether or not they were prepared by a corporate attorney.  Certainly an off-the-shelf operating agreement is not customized for your needs.  I recommend having a New York Small Business… [Read More]

Tags: Business Checklist, New York business attorney, NY business lawyer, Operating Agreement

Forming or Buying a Small Business in New York? Links To Start and Grow Your Small Business.

Is the name that you have in mind for your startup company available to use? Need to find out whether shares of stock or personal assets of a person or company have liens filed against it? Need to find out if tax warrants have been filed in New York? Need to know about the various taxes applicable to New York businesses and [...] [Read more]

Tags: Business Links, Business Tax, NY State

Why Choose a Limited Liability Company (LLC) over a Corporation For Your Small Business?

An LLC  combines the limited liability advantages of a corporation with the control and tax advantages of a partnership.  You can elect to have your LLC taxed as a corporation, or you can elect to have it be a “pass through” entity (taxed like a partnership – the LLC’s income and losses are reported on… [Read More]

Tags: Business LLC, Business Tax, New York business attorney, NY business lawyer

What are the benefits of having an LLC?

A New York Limited Liability Company  has the following benefits: Liability Protection Like a Corporation. New York LLC members are generally protected from personal liability for debts and claims of the business. This means that if the business can’t pay a creditor or gets sued, the creditor cannot legally come after the member’s personal assets… [Read More]

Tags: Business LLC, Business Tax, Convert, Operating Agreement, Partnership

Starting an LLC or a Business in New York? Here is my Business Startup Checklist

As a corporate attorney representing startups and established companies, I am frequently asked for a checklist of items to consider when starting a business.  Here is a “10,000 foot” overview of what needs to get done in starting or buying a large or small business in New York: Choose Your Business Structure What type of… [Read More]

Tags: Business Checklist, Business Links, Business Tax, Operating Agreement

Welcome to the New York Law Blog

Welcome to our lawyer blog with free legal information for large and small businesses, start-ups and entrepreneurs in New York written by New York City business attorney, internet lawyer, and real estate attorney, Craig Delsack. We continuously add content, so please check back often. Of course, if you can’t find your answer here, you can visit our site at www.nyccounsel.com or call us at (212) 688-8944. [Read more]

Tags: business attorney, business lawyer, NY Internet Lawyer, NY real estate attorney