New Disclosure Requirements Are Coming for Company Ownership If you have a corporation or limited liability company, or plan to open a new one, you must be aware of new federal regulations that impose reporting requirements beginning in 2024. These regulations will require disclosure of the beneficial owners of the entity, that is, those individuals…
August 17, 2023 is National Nonprofit Day J&G Law, LLP (J&G), is excited to announce that August 17, 2023, marks National Nonprofit Day. This serves as a reminder of the remarkable contributions nonprofit organizations make to communities and the world. In celebration of this significant day, Gary M. Schuster, Esq., a partner at J&G concentrating…
Protecting Yourself as a Contractor or Homeowner – What the Law Requires in a Home Improvement Contract Are you a homeowner considering a home improvement? Or are you a contractor who wants to ensure you are protected when performing home improvements? Article 36-A of New York’s General Business Law provides the answer. The definition of…
MARCH 1, 2023 DEADLINE IS APPROACHING FOR REAL PROPERTY TAX EXEMPTION Deadline approaching: If you own commercial, industrial, agricultural or other real property, you may be entitled to a full or partial real property tax exemption. The March 1, 2023 deadline for filing real property tax exemptions is quickly approaching in most jurisdictions. Exemptions are…
Not-for-Profit Corporation Law Modernization Act: 2022 Amendments Background In November 2022, Governor Hochul signed the Not-for-Profit Corporation Law (N-PCL) Modernization Act into law. The purpose of this law, as indicated in the bills passed by the state legislature earlier this year, is to “align [not-for-profit corporation law] with current industry practices related to board…
New York Paid Family Leave Law: Updated Guidance for 2023 Paid Family Leave (“PFL”): Overview and Qualifying Events The New York Paid Family Leave (“PFL”) Law first went into effect in 2018 with the goal of supporting working families by providing them with economic security to care for their loved ones. PFL is funded by…
PRESS RELEASE: For more information, contact: Michele Babcock, Managing Partner J&G LLP, 845-778-2121 FOR IMMEDIATE RELEASE J&G Presents Two Nonprofit 101 Live Presentations WALDEN, NY – J&G, LLP (J&G), the Hudson Valley’s premier full-service law firm, is proud to announce that Gary M. Schuster, Esq., Partner concentrating in nonprofit, business, arts, and entertainment law,…
NEW YORK CANNABIS DISPENSARY LICENSES ARE NOW AVAILABLE The Office of Cannabis Management has opened the application process for New Yorkers interested in opening a cannabis dispensary. Initially, 150 licenses will be issued throughout New York State, 17 of which are available for locations in the Mid-Hudson region. The license authorizes the license holder to…
BUSINESS OWNERS CONSIDERING SUCCESSION MIGHT WANT TO ACT SOON Successful business owners are eventually faced with the challenge of passing on their business. There are many options, in fact, it may seem that there are too many options. The business could be sold to a competitor. It could be sold to a junior employee. It…
NEW YORK LAWS TARGET HUMAN TRAFFICKING Your business may be among those affected by recent state legislation enacted to combat human trafficking. If you hold a license from the New York State Liquor Authority to sell alcoholic beverages for on-premises consumption, operate a lodging facility, or a truck stop, this will be of concern to…
