Tax season can be a stressful time of the year for all New Yorkers, and businesses are no exception. Understanding the ins and outs of filing business taxes may, however, make the process a little less difficult and may even create some benefits for the company.
Last week's blog discussed a local business merger which may have raised important questions concerning mergers and acquisitions and the process of buying a company. Companies are able to enjoy growth opportunities through mergers and acquisitions. For a merger or acquisition to be a positive growth opportunity for any company, however, the proper due diligence and research must be conducted. In addition, important legal ramifications and possible liabilities must also be carefully considered. The first step in acquiring or merging with a business is to determine which business is the best business for you and your company.
There have been a number of mergers and acquisitions announced recently in the technology field. A combined company valued at $40 billion is expected when chip maker NXP Semiconductors NV buys smaller chip maker Freescale Semiconductor Ltd. Freescale's value has been placed at $11.8 billion. The two companies plan to merge operations. The friendly acquisition deal was recently announced by the two companies.
New York contract disputes can be unnerving and may undermine a person's business. In the area of commercial real estate, there are, of course, a number of contracts and contractual relationships between parties. Contracts define the relationships, agreements, rights and obligations that may exist between parties related to the purchase or sale of property, closings, mortgages, refinancing, foreclosures and leases.