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Noncash Charitable Contributions: Understanding IRS Form 8283

Noncash Charitable Contributions: Understanding IRS Form 8283

by Hedgeman Law | Business

In the landscape of charitable giving, navigating IRS requirements is paramount for individuals, partnerships, and corporations making noncash contributions. The filing of Form 8283 becomes essential when the total value of these contributions exceeds $500 within a...
Small Businesses and the Corporate Transparency Act

Small Businesses and the Corporate Transparency Act

by Hedgeman Law | Business

As we approach January 1, 2024, small businesses across the United States are on the cusp of a significant regulatory shift. The implementation of the Corporate Transparency Act (CTA) and the Beneficial Ownership Information (BOI) Reporting requirements is a new era...
New York Rules for Fundraising for an Individual

New York Rules for Fundraising for an Individual

by Hedgeman Law | Business, Nonprofit

What are the laws and rules in New York State regulating fundraising for an individual? There are certain circumstances where one would need to file with the attorney general to fundraise for an individual. Next, there may be up to three secondary beneficiaries...
Conflict Of Interest Policies Under the Not-for-Profit Corporation Law

Conflict Of Interest Policies Under the Not-for-Profit Corporation Law

by Catherine Hedgeman | Business, Nonprofit

This guide will assist nonprofits in implementing successful Conflict of Interest Policies. This guide reflects amendments to the Not-for-Profit Corporation Law (“N-PCL”) which became effective May 27, 2017. Why implement a Conflict of Interest Policy? A Conflict of...

3 contingencies you may want in your offer to buy a home

by Catherine Hedgeman | Business

You have a lot to gain and also potentially a lot to lose when buying residential real estate. For example, you might offer more money than you should for a property that needs extensive work. That means that you end up losing money on the transaction rather than...

Why do financial services businesses need gap analysis?

by Hedgeman Law | Business

If you’re the owner of a financial services business in New York, you will want to use all of your resources to grow your company. Of course, if you’re new to the business world, you may not know the best ways to do that. A gap analysis is one of the best options...
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