At the beginning of your business venture, it is important to decide what legal structure is best suited for your business and what governance documents are required. For these decisions, we encourage that you work with an attorney and your tax and financial professionals to determine what structure suits your needs. The most common legal...Read More
Purchasing a home is one of the largest investments that people make in their lifetime. It’s a significant event and takes a lot of time, energy and cooperation between a team of people to bring a transaction to the closing table. I say “team” because it truly is a team of all different professionals that...Read More
Yesterday marked the two year anniversary of Catina & Mara, PLLC. Laura and I (Amy) are so excited to see what year three will bring, but first, we thought it would be appropriate to reflect on the top lessons we learned in our second year of business. Reflect on Where You Are and How Far...Read More
An operating agreement is created in the context of a limited liability company, and it is used to define, among other things, the ownership interests, division of profits and losses, terms of withdrawal of members, dissolution of the company, and so on. In contrast, a partnership agreement is created in the context of a partnership,...Read More
As we enter the last quarter of 2022, it’s important to start thinking about what you should be doing to evaluate your business for this year. Part of that evaluation is reviewing various documents your business (hopefully) has and uses to make sure they are up to date and if they need to be revised....Read More
If you run a business where you provide any kind of service to your customers or clients, a contract template that outlines the terms of your services could streamline the process and save you time, money and energy in the long run. Having a contract template does not mean you cannot modify the contract to...Read More
This week’s blog post is a personal note from me, as I humbly announce that I am the recipient of the Rockland County Bar Association (“RCBA”)’s Sterns Award. This award is given annually by our local bar association in the memory of Richard Sterns, and the recipient is a member of the RCBA who has...Read More
As we approach the closing date, both buyer and seller are anxious to close. Over time, we have created a checklist of items/issues that we must resolve prior to closing. If they are not, it can create headaches at closing that no one wants to deal with! When representing a seller, we make sure to...Read More
You are an accountant to a small business, JS Co. LLC, located in Rockland County, and you provide bookkeeping services for JS Co. LLC as an independent contractor, Keep Your Books, LLC. You also have been preparing the business’s corporate tax returns, as well as the personal tax returns of the principal and sole owner...Read More
Whether you have been laid off, your employment has been terminated for another reason, or you have agreed to part ways with your employer, especially if you were in an executive position, there is a good chance you were presented with a severance agreement. A severance agreement normally has a provision that states that the...Read More
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