Starting a shipping business in New York City that specializes in sending barrels to the Caribbean, Africa, and Latin America can be a lucrative venture. With a high demand for barrel shipping from immigrant communities, this type of business provides an essential service for people sending goods to their families abroad. However, launching and operating […]
New York City pulsates with style and energy, making it a prime location for aspiring barbershop entrepreneurs. However, navigating the city’s unique regulatory landscape and competitive market requires careful planning and execution. This guide provides a step-by-step approach to launching a successful barbershop in the heart of NYC. Licensing and Permits: Before you even pick […]
By Brian Figeroux, Esq. In 2025, President Donald Trump’s tax proposals are poised to significantly reshape the financial landscape for both low-income individuals and small businesses in the United States. While the administration touts these changes as catalysts for economic growth and competitiveness, a closer examination reveals a complex array of benefits and challenges for […]
Investing can be a powerful way to build wealth over time, but one often overlooked aspect of successful investing is managing taxes. While it’s impossible to completely avoid taxes, there are tax-smart strategies that can help reduce your overall tax obligations and maximize your investment returns. With proper planning and knowledge, you can minimize tax […]
By Brian Figeroux, Esq. If a court determines that you owe money to an individual or a company, the creditor or debt collector may attempt to collect the debt by targeting your bank account. This process can result in your account being frozen or your funds being seized. However, both federal and New York state […]
By Brian Figeroux, Esq. In today’s economic climate, financial instability is a growing concern for many individuals. Rising costs of living, inflation, job loss, and personal hardships such as divorce and broken relationships can lead to overwhelming debt. When financial obligations become unmanageable, bankruptcy may be the best solution for a fresh start. However, choosing […]
By Brian Figeroux, Esq. Tax planning is a critical financial strategy that allows individuals and businesses to minimize their tax liabilities while remaining compliant with tax laws. Effective tax planning ensures that taxpayers take advantage of deductions, credits, and exemptions, leading to significant savings. Many people make the mistake of handling their taxes on their […]
By Esther Claudette Gittens President Donald Trump’s recent executive orders dismantling diversity, equity, and inclusion (DEI) programs within the federal government mark a significant policy shift with far-reaching implications for both public and private sectors. This move not only reverses decades-long efforts to promote inclusivity but also influences corporate strategies, potentially affecting long-term brand integrity […]
By: NYS Office of the Comptroller State Comptroller Thomas P. DiNapoli released a report that showed nonprofit organizations in 2022 provided 1.3 million jobs to New Yorkers, just over 1 in 6 private sector jobs in the state. While the number of nonprofits increased nationally between 2017-2022, they declined in New York and the number […]
When life throws unexpected financial challenges your way, it can feel overwhelming. Debt can accumulate quickly, leaving you struggling to make ends meet. If you’re facing such a situation, bankruptcy might seem like a scary option, but it can be a powerful tool for starting fresh. This article will guide you through the bankruptcy process, […]