Starting and Operating a Business in New York (Starting and Operating a Business in the U.S. Book 2014)

Starting and Operating a Business in New York (November, 2014) is the most complete tax and legal guidebook in existence for New York small businesses. The author, a retired attorney and CPA and a Harvard Law graduate, provides you with a detailed but easy to read explanation of the tax and legal "ground rules" you need to know to navigate successfully through the complex maze of federal and New York tax and business laws and regulations.

The roughly 500 pages (if printed) of each state edition in this e-book series offer far more than a dry description of the applicable business laws and taxes, however. The lively text is peppered throughout the book with key points to consider, including "Cautions," "Planning Points," "Important Points," and "Update Notes" that are highlighted to get your attention.

FEDERAL LAWS AND TAXES

Federal tax and legal coverage includes individual income, self-employment, estate, gift, and excise taxes, federal payroll taxes, withholding of various taxes; securities laws and regulations; the Americans with Disabilities Act; environmental laws; minimum wage/overtime and child labor laws; anti-discrimination and HealthCare Reform laws that apply to employers; immigration laws affecting hiring; OSHA job safety and health requirements; ERISA (employee benefits) compliance; the Family and Medical Leave Act rules; mail order sales and telemarketing regulations; Internet taxation and regulation; and much more.

UPDATED FULLY FOR THE "FISCAL CLIFF" TAX LEGISLATION.

NEW YORK LAWS AND TAXES

(FULLY UPDATED FOR MAJOR 2014 NEW YORK TAX REFORMS AND TAX REDUCTIONS THAT GO INTO EFFECT IN 2014, 2015, 2016 AND IN SOME CASES LATER, INCLUDING TAX EXEMPTION FOR SOME STARTUP BUSINESSES)

New York tax and legal coverage includes the New York state income tax, state corporate income and franchise taxes, New York sales and use, property, and unemployment taxes, withholding of employment taxes, and other state and local business taxes, including New York City personal and corporate income taxes and Unincorporated Business Tax; MCTD payroll and self-employment taxes; state fair employment laws, which differ from federal; the new New York minimum wage law, overtime, and child labor laws; county "Living Wage" laws in some counties; mandatory workers' compensation insurance and new hires reporting; wage payment requirements; when/if registration of fictitious business names (trade names) is required; filing fees for incorporating or creation of LLC's, limited partnerships, and LLP's; and much more.

OTHER IMPORTANT INFORMATION AND ADVICE

In addition to extensive, up-to-date coverage of federal and New York business laws and taxes, you will also find this e-book to be a gold mine of other useful information and advice for running your business. It covers topics such as an entire chapter on site selection for your business; guidance for obtaining financing and choosing accounting methods; do's and don'ts when buying an existing business, acquiring a franchise, or signing a lease; pros and cons of corporations, LLCs, and other business entities, as well as New York filing fees and taxes for each type of entity. Other chapters deal with subjects such as how to protect your assets from creditors; whether to incorporate in a state other than New York; international ISO-9000 standards and certification of your business; use of Universal Product Codes and RFID tags; electronic data interchange; how to classify workers as either employees or independent contractors; advice about joining a multilevel marketing program; exporting tips; cash flow management and fraud detection; New York's taxation of telecommuters who live in neighboring states; and estate planning, to name a few covered topics.