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Can You Sue a Business That No Longer Exists?

If you have a claim against a business that no longer exists, you may wonder whether you can sue them. After all, they do not exist.  How can you sue

What’s the Statute of Limitations on Federal Tax Debt?

The statute of limitations for the Internal Revenue Service (IRS) to collect the tax amount you owe is typically ten years. This IRS refers to this period as the “Collection

What is Theft of Corporate Opportunity?

Corporate directors and officers owe a fiduciary duty to the company not only to safeguard business assets — but they also cannot usurp business opportunities for personal gain. Closely related

What Businesses Need to Know About the E-Signatures in Global and National Commerce Act

The Electronic Signatures in Global and National Commerce Act — also called the E-Sign Act — was signed into law in 2000, providing for legal recognition of electronic signatures in

Answering Incorporation FAQs with Joshua D. Brinen

How Does Incorporation Affect Liability? The purpose of incorporation is to create a shield, or a corporate veil, to protect your personal assets from the liabilities of a business. While

Responsible Person Liability

A wide variety of reasons can be advanced as to why business payroll taxes might not be paid.  Those reasons include willful failure to pay and negligence. However, when business

What is Self-Dealing in Business?

Business partners, officers, and directors of a corporation all owe fiduciary duties of loyalty and good faith to the company and must act in the company’s best interests. Self-dealing occurs

Should Your Company Raise Capital Under Rule 506(b) or Rule 506(c)?

Under the federal securities laws, a company may not offer securities unless they have been registered with the Securities and Exchange Commission (SEC) or an exemption from registration can be

Forming an LLC in New York

A limited liability company (LLC) is a business structure that offers several advantages, including pass-through taxation and protection from personal liability. While forming an LLC in New York is an