Outright.com offers free online bookkeeping for self-employed folks and small businesses. It's very basic, but seems to have everything you need. I always wonder how sites like that are going to make money if the service is free and expect them to start charging once you got hooked on the service. Anyway, they also have […]
Get up to date with this article from the Journal of Accountancy and use their useful Filing Season Quick Guide.
Many small business owners end up deciding between a New York S corporation and a New York limited liability company (LLC) when choosing a formal legal structure for their New York business. Both entities offer limited liability and a startup friendly tax treatment. But which entity is right for your small business? The following are […]
E-Verify is a free and voluntary system offered by the Department of Homeland Security that lets you check your employee's employment eligibility. It doesn't save you the step of completing Form I-9, but it gives you a system to check information and documents given to you by your employees. By way of background, Employment Eligibility […]
It is not too late to bring your New York LLC into good standing. Getting it done for you – $200 Email me for more info or to order: info(at)ratschko(dot)com I prefer Google Checkout.
An online business is no different from any other business when it comes to licenses and permits. Depending on the type of business you conduct, online or offline, you may need certain permits and licenses from three different authorities: the Federal Government, your State Government or your local authorities. Federal Government permits and licenses are […]
If you are in a line of business where you repeatedly have to enter into agreements with your customers and the basic terms of those agreements rarely change, you may want to consider the adoption of "General Terms and Conditions." Rather than having every contract spell out all terms and conditions, your individual contracts with […]
As you may know, there are naming rules (Section 204 NY limited liability company law) when it comes to choosing a name for your LLC. Most names are o.k. if not already taken by somebody else, but some terms are tricky and require special dispensation. For example, try filing articles of organization for this LLC: […]
When you enter into a contract (or agreement, same thing really) you cannot possibly foresee all future developments of the relationship that is governed by that contract. As a result, you may find yourself in a situation where you have to amend an existing contract. How do you amend a contract? By entering into a […]
Tom Swartz of New York Legal Update alerted me to this recent development in LLC law: A New York court has decided that a New York LLC needs to be represented by an attorney in court. See his post on the topic and for case information. Pursuant to CPLR 321(a), "a party, other than one […]