TestOn July 1, 2014 the Internal Revenue Service issued Form 1023-EZ, a streamlined version of the Form 1023, to make it easier for small organizations to apply for tax exempt status under Internal Revenue Code (“Code”) Section 501(c)(3). Form 1023-EZ, which must be filed electronically, is only three pages long […]
The New Jersey Revised Uniform Limited Liability Company Act (the “Revised LLC Act”) took effect on March 18, 2013 for LLCs formed on or after that date and on April 1, 2014 for all other New Jersey LLCs. The Revised LLC Act repealed the old New Jersey LLC Act and […]
There is really not a specific rule as to when a self-employed individual should consider incorporating or forming a limited liability company (LLC). However, if the work is expected to continue for more than just a brief period of time, it is worthwhile to consider the factors weighing in favor […]
According to the New Jersey Division of Consumer Affairs website, issues with Home Improvement Contractors top the consumer complaint categories year after year. So, what exactly does that mean for you? It means that if you feel you may have been cheated or scammed by a business, you do have […]
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