There are several different types of entities in the world of business that are defined in the IRS's Internal Revenue Code. Each entity has its own tax implications and slightly different filing statuses. The entity that a business chooses can affect how the business is run, the tax liability the business will have and the reports that will be required.
New Jersey residents may be interested in the latest acquisition of a major Philadelphia newspaper by a local philanthropist and businessman. The purchase is the result of a falling out between former business partners who previously owned the paper.
The ever-changing economic tides in the United States can take a toll on a variety of small-scale businesses, even established ones. That was the case of Paramus-based Norton Paint, which was sold to Eagle Paint and Wallpaper from Bergen County.
The American dream. It could include going to college, starting a family or being fortunate enough to travel the world at leisure. For some people, including some in New Jersey, that dream might involve starting a business with your family. For many, it begins with an inspired idea, continues with a business plan and gains momentum from there.