The new federal tax law creates a business income deduction of twenty percent for small businesses. This is a tremendous help to small businesses, particularly in New Jersey. But for limited liability companies which have elected to be taxed as an S-Corporation, there could be a
Limited Liability Companies are the most popular business entity used in forming any new business. This is because of its flexibility, tax friendliness, and protection of personal assets from business liabilities. They are easily set up, and many create them on-line themselves, use a service
When is Partition Required? Partition actions divide land between owners based upon principals of fairness and are necessary when co- owners cannot agree. Imagine your neighbor and her two siblings inherit a small farm. Your neighbor has always dreamed of keeping the family farm, but