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Legal Resources: Business Law

Form LLC or Corporation

Should I Form an LLC or Corporation in Massachusetts?

Starting a business in Massachusetts requires important legal and financial decisions, and one of the first is choosing the right business structure. Many entrepreneurs ask: Should I form an LLC or a corporation in Massachusetts? The answer depends on your business goals, ownership structure, tax preferences, and long-term growth plans. Understanding the differences between a Massachusetts Limited Liability Company (LLC) and a Massachusetts corporation can help you make an informed decision that protects your interests and positions your business for success. What

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Business Partner Breaches the Partnership Agreement

What Can I Do If a Business Partner Breaches the Partnership Agreement?

Business partnerships are built on trust, shared goals, and clearly defined responsibilities. When one partner breaches the partnership agreement, that trust can quickly erode, putting the business, and its future, at risk. In Massachusetts, a breach of a partnership, operating, or shareholder agreement can give rise to serious legal claims and may require swift action to protect the company and the non-breaching partners. What Is Considered a Breach of a Partnership Agreement? A breach occurs when a partner fails to comply

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Corporate Transparency Act Reporting Requirements for Condo Associations

The Corporate Transparency Act Reporting Requirements For Condominium Associations

By Howard S. Goldman, Esq. What is the Corporate Transparency Act? The Corporate Transparency Act (“CTA”) is a federal law enacted in 2021 to combat illicit activity including tax fraud, money laundering, and financing for terrorism by capturing more ownership information for specific U.S. businesses operating in or accessing the country’s markets. Businesses meeting certain criteria (including all state corporations, LLCs, condominium associations, and similar entities registered to do business) must register. Regulated companies must submit a Beneficial Ownership Information Report

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Business Law Cases

Massachusetts Corporate & Business Law Cases Types of business law cases handled by the Massachusetts corporate and business law attorneys at Goldman & Pease: Represent small to medium size business owners in establishing entities which maximize their flexibility for future growth while limiting the business owners personal liability including, but not limited to, creating S corporations, C corporations, limited liability corporations, general partnerships, limited liability partnerships, stock restriction agreements. Represent employers on human resource issues including drafting employment contracts, employment handbooks,

Read More »
Form LLC or Corporation

Should I Form an LLC or Corporation in Massachusetts?

Starting a business in Massachusetts requires important legal and financial decisions, and one of the first is choosing the right business structure. Many entrepreneurs ask: Should I form an LLC or a corporation in Massachusetts? The answer depends on your business goals, ownership structure, tax preferences, and long-term growth plans. Understanding the differences between a Massachusetts Limited Liability Company (LLC) and a Massachusetts corporation can help you make an informed decision that protects your interests and positions your business for success. What

Read More »
Business Partner Breaches the Partnership Agreement

What Can I Do If a Business Partner Breaches the Partnership Agreement?

Business partnerships are built on trust, shared goals, and clearly defined responsibilities. When one partner breaches the partnership agreement, that trust can quickly erode, putting the business, and its future, at risk. In Massachusetts, a breach of a partnership, operating, or shareholder agreement can give rise to serious legal claims and may require swift action to protect the company and the non-breaching partners. What Is Considered a Breach of a Partnership Agreement? A breach occurs when a partner fails to comply

Read More »
Corporate Transparency Act Reporting Requirements for Condo Associations

The Corporate Transparency Act Reporting Requirements For Condominium Associations

By Howard S. Goldman, Esq. What is the Corporate Transparency Act? The Corporate Transparency Act (“CTA”) is a federal law enacted in 2021 to combat illicit activity including tax fraud, money laundering, and financing for terrorism by capturing more ownership information for specific U.S. businesses operating in or accessing the country’s markets. Businesses meeting certain criteria (including all state corporations, LLCs, condominium associations, and similar entities registered to do business) must register. Regulated companies must submit a Beneficial Ownership Information Report

Read More »

Business Law Cases

Massachusetts Corporate & Business Law Cases Types of business law cases handled by the Massachusetts corporate and business law attorneys at Goldman & Pease: Represent small to medium size business owners in establishing entities which maximize their flexibility for future growth while limiting the business owners personal liability including, but not limited to, creating S corporations, C corporations, limited liability corporations, general partnerships, limited liability partnerships, stock restriction agreements. Represent employers on human resource issues including drafting employment contracts, employment handbooks,

Read More »
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