Nashua business owner has concerns about how to avoid (or minimize) being “double taxed” when he sells his business that has been operated as a C-corporation Selling a business requires careful tax planning; especially where a business has operated as a closely held C corporation and the proposed structure of…
Until recently, the legality of ridesharing services like Uber and Lyft in New Hampshire depended on where in the state you were. Different regulations in different cities and towns made it difficult for rideshare drivers to determine whether they were taking a risk of being fined. Recognizing this problem and…
Nashua business planning client owning several rental properties has concerns regarding being caught in New Hampshire’s real estate transfer tax (RETT) net. Can property be transferred from a joint tenancy with rights of survivorship to a newly created LLC for added liability protection and administrative ease? Can real estate held…
“I’m too busy running the company” - “That’ll never happen to me” Some all too common refrains uttered by hard working business owners are: “I’m too busy running the company” and “That’ll never happen to me.” In our firm’s estate planning/business planning practice it is evident that most New Hampshire…
Nashua Small Business Owner has Concerns About How Estate Taxes Will Affect His Business Succession Plan. Estate taxes and proper estate planning are an important consideration for all New Hampshire closely held business owners. A successful small business recently asked how the IRS will establish “fair market value” for their…
A Nashua, New Hampshire business owner has concerns about business succession planning for her family business. A business owner who is nearing retirement age recently asked what were some initial issues to consider, right now to help to transition her successful small business to her children. The following are some…
As the popularity of ridesharing apps like Uber and Lyft has risen over the past few years, so has the debate surrounding the controversial services. And with Uber extending its operation into Manchester in October of 2014 and subsequently expanding to cover most of southern New Hampshire, many residents may…
Attorney Thomas J. Leonard has been named to the Hillsborough County South Drug Court steering committee. The Nashua court, which recently celebrated its first year of operation, is one of several “alternative sentencing programs” in New Hampshire which aim to tackle drug-related crimes with substance abuse treatment and monitoring rather…
If you intend to file a small claim in New Hampshire or have had a small claim filed against you, you will be introduced to the New Hampshire Court system’s Mediation Program. Mediation is not unique to small claim actions, as it is now available, and in some instances required,…
This blog is intended for informational use only. The information contained herein should not be construed as offering legal advice or a legal opinion. Anyone who has had a need to talk with or employ a lawyer knows that lawyers are not cheap; and the State of New Hampshire continues…