By Charles Healy Every year, taxpayers work to have their taxes filed with the IRS and New York State Department of Taxation and Finance by the standard filing deadline (or by the extended deadline if they’ve filed for an extension).…
A new rule for small businesses starting this year might apply to you. The Financial Crimes Enforcement Network, or FinCEN, has issued new guidance on how to comply with the Beneficial Ownership Information Reporting Rule. The rule requires small businesses…
By Cynthia Rosa Disclaimer: This advice is for informational purposes only and is not legal advice. The information provided here does not constitute an attorney-client relationship. Navigating the U.S. tax system can be challenging, especially without a Social Security Number…
By Dannaliz Mieses Cannabis is here, weaving its roots into the fabric of entrepreneurship much like any other small business venture. With the recent legalization in New York, a wave of opportunity has surged, beckoning first-time business owners to explore…
By Phariha Rahman It’s been three years since the pandemic began and the impact of Covid-19 can still be felt in every sector and part of daily and New York’s small businesses have not been immune to inflation, gentrification, or…
As Domestic Violence Awareness Month concludes, Brooklyn A extends its appreciation to the courageous survivors and dedicated service providers across New York City who continually strive for justice throughout the year. This month also marks the one-year anniversary of Brooklyn…
Brooklyn Legal Services Corporation A joins the New York Legal Services Coalition (NYLSC) in applauding Governor Kathy Hochul’s signing of legislation – S.5162 (Hoylman-Sigal) / A.5772 (Lavine). This bill ends the requirement for New Yorkers to notarize all sworn statements…
By Ruki Asfe New York’s housing crisis is on top of everyone’s mind. Prices have skyrocketed, reaching new all-time highs multiple times this year. The pressure on market-rate units has grown as would-be homebuyers deterred by high prices continue to…
By Quina Li According to the U.S. Foreclosure Market Report from ATTOM, in May of this year New York City had reached the greatest number of foreclosures among major metropolitan areas with 1,452 foreclosures commenced. In July, New York was…
By Ndukwe Agwu, Chief Legal Officer In a bold move towards leveling the legal playing field, the New York State Legislature at the end of last month passed bill S5162/A5772, which would eliminate notarization requirements in civil cases. Brooklyn A…