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Running a banking institution involves garnering consumers’ trust. After all, no one wants to bank with a company that seems lax in its protections or does not follow federal and New Jersey state laws. In particular, bank owners and operators want to ensure that they...
When wanting to build something new in a particular area, there are many laws and regulations that must be addressed. Construction companies and individuals looking to build will need to ensure that they follow New Jersey laws regarding permits, contracts, regulations...
Ideally, you and your business partner worked out a written agreement that defines the expectations of your partnership. Your agreement likely outlines how you will share the duties, expenses and profits of your New Jersey business as well as how to set and adjust the...
When deciding to make a significant financial transaction, it is important for individuals to know exactly what they are getting into. For example, if New Jersey residents are ready to buy a home, they need to understand that a lot more money goes into the process...
One of the most important aspects of running a business is maintaining solid relationships with employees. A critical component of a positive relationship between employer and employee is a thoughtful contract that protects the interests of both parties. If you own a...
Lending money is a tricky business. Though New Jersey banks, credit unions and other financial institutions handle these matters regularly, it is important that the details of every loan transaction are reviewed carefully. Loan agreements work to protect both the...
It is important that New Jersey employers stay compliant with applicable laws that pertain to their employees. In particular, if an employee requests a reasonable accommodation due to a disability, it is important that the employer perform his or her due diligence by...
In 2020 we wrote a similar short piece raising a number of issues with New Jersey’s new Pass-Through Business Alternative Income Tax Act, effective for 2020 and subsequent years (the “Act” or “Act Tax”). If the Act Tax is elected, New Jersey imposes an income tax on...
Choosing to incorporate a company is a major step for any business owner. Incorporation can mean taking additional steps to ensure that everyone involved in the company is on the same page and that the appropriate New Jersey laws have been followed to incorporate...
Business disputes can disrupt your productivity, staff morale and your company’s reputation, not to mention your bottom line. Resolving disputes as quickly and peacefully as possible is in your best interests, and this may mean staying out of the courtroom, where it...
