Not all non-profit organizations are tax exempt from either state or federal taxes. Just because it is non-profit does not automatically qualify it to be tax-exempt. The term 501(c) or 501(c)(3) is mistakenly assumed as a title for charitable or non-profit organizations in general. This is incorrect. Those numbers and letters refer to a specific internal revenue code tax category. Whether the association is unincorporated or incorporated, it must file for tax exemption (and its eligibility approved) before it can be legally referred to as tax exempt.
Living in New York City is so desirable that people will pay exorbitant rents for even the smallest of studios. The City is beautiful, economic opportunities overflow, the atmosphere is fun, energetic, and lively, and the city itself is exceedingly diverse. What’s not to love. Except, of course, for that crazy rent paid for a tiny little space. Unfortunately, that rent is about to increase.
The rent on certain hotel units, apartments, and rent stabilized lofts will be raised very soon. This was a decision reached by the NYC Rent Guidelines Board this year, on April 25. If the renewal of your lease was scheduled for between October 1 of this year and September 30 of next year, in all likelihood, you will see an increase in rent.
If history has taught us anything, it’s that efforts to impeach the president may not always work, but can resolutely end up in his resignation. So whereas impeachment may not be achieved, the ultimate goal has been reached. When concentrating your efforts on something of this magnitude it is essential that legalities be followed to the letter. One slip-up can result in not only failing at your attempted impeachment but possible repercussions at a higher level.
The Paid Family Leave program, recently put into effect in New York, provides employees with wage replacement so that they can: fulfill their duty as an active military service person, care for a seriously ill, close relative, or bond with their child. Employees are guaranteed continued health insurance and the return to their job. They may, however, be required to pay a portion of their health insurance premiums if they currently contribute to the cost of it as an employee.
Let’s take a look at some typical questions about the Paid Family Leave program and their answers. Hopefully, after looking at a few questions from everyday people, you can gain an understanding through their inquiries.
If you have your own business and have decided that it’s time to either move from your home office to an office building, or if you are fortunate enough to already have a business profitable enough for an office building but need a bigger space, you’re going through a very exciting point in your life. It means that you are successful in business and life. If you did not or do not intend to buy an office building, you will likely need to go through an office lease negotiation.
The economy and the real estate market have fluctuated in recent years. Is the market for office space still leaning significantly toward the tenant having the upper edge? Regardless, there are some strategies that could be useful during your lease negotiations for that brand-new office space.
Attorneys are frequently deluged with inquiries that have to do with contractual disputes involving the implementation of solutions for IT/networking and the development of software. Had there been in place an initial contractual agreement which had been carefully tailored at the very beginning, many of these problems may never have occurred in the first place. Hopefully, this will give people something to think about regarding developers and software companies. Possibly they should consider that when working on the details of an agreement between themselves and a subcontractor or client, the “agreement” should be a legal contract.
The short and straightforward answer to this question is – no. Rights to trademarks are solely country by country. Your trademark will not be protected in Canada or Europe if your registration is in the United States. What’s more, you may not have rights to the trademark in another country merely by utilizing your trademark. However, usually, foreign registrations are supposed to offer some protection abroad for your trademark. Seeking the advice of a professional when it comes to copyright and trademark registration will always be your safest bet, when in doubt.
Many businesses outsource contractors to manage part or all of a project. Before hiring a contract employee or company, it’s imperative to have all the parties involved understand the scope of the agreement. Everyone taking part needs to agree to a precise and clear Statement of Work, so there are no disputes and misunderstandings regarding deadlines, benchmarks, or needs. Follow these steps to increase the probability of completing a SOW successfully.
One of the most important jobs an attorney has is to advise clients whether to sign an individual document and what the results will be if they do. But what if you need to sign a binder for your real estate transaction? Read on to find out more before putting your signature down.
In the early stages of building a business, entrepreneurs may only need enough cash to cover current expenses and can manage with a credit card or savings. As the business grows, however, more capital may become necessary, and many business owners turn to friends, family, or angel investors for additional funds. In return, they offer convertible notes.
If you are considering raising money for your startup, you may be wondering about a valuation cap. What is one? How does it convert to equity? How will a valuation cap help you get investors? Do you know that misunderstanding the valuation cap can be a costly mistake? Find out all about it in this post.