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 […]
By Zach Ahmad , New York Civil Liberties Union | Editorial credit: Ameer Mussard-Afcari / shutterstock.com Trump’s efforts to expel millions of immigrants are a threat to all of us. New York State is home to nearly 700,000 undocumented immigrants. Most of them have lived in New York for more than a decade. They are our […]
U.S Small Business Administration, SBA Press Office | Editorial credit: RossHelen / shutterstock.com More Than a Dozen Private Funds to Invest $2.8 Billion in Over 1,000 Critical Technology Startups and Small Businesses WASHINGTON– Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and Secretary Lloyd J. Austin, head of the U.S. Department Secretary of Defense (DoD) announced 13 […]
By Brian Figeroux, Esq. | Editorial Credit: Zhanna Hapanovich / shutterstock.com To maintain the protection of limited liability, LLC members must follow certain best practices, including keeping personal and business finances separate, maintaining adequate capitalization, operating ethically and lawfully, and avoiding personal guarantees. The Limited Liability Company (LLC) is one of the most popular business […]
Editorial Credit: Yuriy K / shutterstock.com New EY macroeconomic analysis, NFIB survey of small business owners illustrate impacts of potential massive tax hike on small businesses ALBANY, NY (Sept. 20, 2024) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released two new, impactful reports regarding the federal 20% Small Business Tax Deduction, which is scheduled […]
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 […]