Stricter Work Permit Rules: Economic Impact on the U.S. Economy and Immigrants

Stricter Work Permit Rules: Economic Impact on the U.S. Economy and Immigrants

By Esther Claudette Gittens President Trump’s executive order to deny work permits to immigrants awaiting legal status decisions has profound implications for the U.S. economy and affected individuals. While the administration aims to prioritize American workers, the policy could exacerbate labor shortages, reduce tax revenue, and strain public assistance programs. Introduction On the first day […]

Estate Planning for Business Owners: Navigating Succession Challenges and Safeguarding Business Assets

Estate Planning for Business Owners: Navigating Succession Challenges and Safeguarding Business Assets

By Brian Figeroux, Esq. | Editorial Credit: Southworks/shutterstock.com  Key Points of this Analysis Succession Planning: Users emphasize the importance of having a clear succession plan to ensure the business continues smoothly after the owner’s death. Valuation and Division: Estate planning professionals discuss methods for valuing and dividing business interests, particularly when some heirs are involved […]

Chapter 13 vs. Chapter 11 Bankruptcy for Small Business Owners in New York: Navigating Your Options

Chapter 13 vs. Chapter 11 Bankruptcy for Small Business Owners in New York: Navigating Your Options

Editorial Credit: Vitalii Vodolazskyi / shutterstock.com  If you’re a small business owner in New York grappling with insurmountable debt, missed payrolls, or unpaid suppliers, you may be considering bankruptcy as a way to manage your financial crisis. Choosing the right type of bankruptcy—Chapter 13 or Chapter 11—can make all the difference in how effectively you […]