Corporate Law Blog

Did You Notify the IRS When Your Business Moved?

If your business or corporation has changed addresses in the past few years, are you certain the IRS was notified about your new address? If you’re not certain, you should check, or you could find yourself in an awkward situation if you’re ever involved in an IRS tax controversy. As a recent ruling by the U.S. Tax Court underscores, you could lose your right to challenge a federal tax lien if you missed the notification when it was misaddressed. More >

Important Considerations for Buying a Franchise

Operating a franchised business can be a profitable venture. Likewise, it can be a recipe for disaster. The distinguishing factors for success include how well an individual researches the franchise and his dedication to the business. More >

Asset-Based Loans: An Asset to Your Business

Asset-based lending was once the black sheep of financing. It was a last resort for companies and often signaled their demise. However, asset-based lending has shed its bad reputation in recent years, thanks to both the evolving sophistication of asset-based lenders ("ABLs") and the recession's blow to businesses everywhere. More >

It's All in the Family: Building & Protecting Family-Owned Business Assets

Where There's a Will, There's a Way. Where There's No Will, There's Escheatment

Recently, an estate planning failure of epic proportions made national headlines. Roman Blum, a Holocaust survivor and successful real estate developer, died without a will and no legal heirs. This scenario happens from time to time, but there is a twist to this story: Mr. Blum left behind an estate worth $40 million dollars. At the time of his death, he was divorced with no children and no known relatives. More >

Finding Your Way Out of a Failing Small Business

Small businesses are the bread and butter of America's economy. There are nearly 30 million small businesses in the U.S., and they make up a huge market share of the country's employers. That being said, though, the fact remains that (according to data provided by the Small Business Administration) about one-third of smaller companies don't make it past their first decade.  More >