Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...

Editor’s note: This is part 13 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially for asset ...

Running a small business feels like juggling a dozen tasks at once. You are the CEO, marketer, salesperson, and janitor all rolled into one. On top of it all, you have to be the accountant, and that ...

What would happen if your business was sued? You damage a client's property, one of your employees is injured on the job, a customer slips and falls in your store—that's all it takes. And then what?

Adam Leitman Bailey and John Desiderio discuss the judicial hurdles which must first be overcome to achieve an LLC dissolution and how New York courts, in such cases, have determined the rules for ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When advising business owners, one of the trickiest topics ...

April 10, 2025 - Federal, state and local governments have historically used a collection tool known as Responsible Person Liability (RPL") to recover unremitted taxes and trust fund obligations that ...