You probably didn’t start your company because you love legal paperwork. Most founders don’t. But at some point, usually right after you open a bank account or bring on a co-founder, someone asks a ...

Having a written operating agreement — along with separate bank accounts and clean bookkeeping — helps demonstrate that your business is a legitimate, separate entity. If you have two or more members, ...

An operating agreement (for an LLC) or shareholders’ agreement (for a corporation) is where you and your partners decide how the relationship really works. Without it, New York’s default rules step in ...

Many closely held businesses operate through entities classified as “S corporations,” an elective federal income tax regime that combines elements of corporate and partnership taxation. Among other ...